Disney is a DOW Jones Industrial Average member, which means it is one of the top 30 publicly traded companies. Anytime an investor can buy this company at a low price, it will reward patience. This site’s Value Investment Fund took advantage of the recent market decline along with the entertainment industry’s setbacks and now owns three separate tranches of The Walt Disney Company.
Today, May 9, 2022, the Value Investment Fund sold 200 PUTs of The Walt Disney Company. Market price at 11:06 AM was $107.34. The Fund has set the intrinsic value at $116 per share with a ‘Buy’ point of $110, a 5% discount from intrinsic value. On Friday the 6th, the Fund bought 180 shares at $110 each for a total investment of $20,000 including transactions fees. The current options trading matrix is below. For a buy price of $105, current PUTs are selling at $9.80 each. Thus, the Fund will net $8.80 per PUT contract. This totals $1,760 in realized earnings for a strike price of $105 through October 21, 2022 (5 1/2 months).
Bought The Walt Disney Company “Whatever you do, do it well” – Walt Disney On Friday, May 6th, 2022, the market price of The Walt Disney Company hit $110 per share at 9:35 AM. This site’s Value Investment Fund purchased 180.1801 shares for a total investment of $20,000 including a $1 transaction fee per share. …