Aug. 25 at 6:26 PM
$DIS looking strong with a 4% pop in five days
Options flow is all calls, especially those October
$115 sweeps
That's a clear sign of bullish momentum building
But heads up, there's an FCC license lawsuit hanging over us until October
We could see some volatility spikes if any bad news hits
Traders are throwing about
$1.5M at those
$115 calls, aiming for some upside
Feels like the edge for shorting isn't great unless this breakout fizzles
I'm thinking defined risk plays are the way to go here
Avoid going too heavy on leverage with that legal risk still in play
