Contract volume on the 72.50 open interest is 13,500 and addition the Dec 75.00 has 8,097 open interest.
In my opinion it looks like those positions could be protection for the "shorts:" At some point the shorts will have to cover and if the calls are exercised the price goes higher. January call options also have a big open interest at high levels. So lets see how this plays out into the new year.
Short interest is about 35 million and shorts would need about 5 to 6 days to cover. That is to say the volume would have to be about double for several days just to cover and it has not happened yet. When the shorts decide to cover it could send the stock price up 2 to 3 points per share. Chances of going short at higher levels is not prudent considering any good news or upgrades will push the stock higher. However at higher levels downgrades to "hold" may be coming. Another item to explore is the international roll out of "Frozen" continues and domestically its legs are strong. "Saving Mr. Banks" is only going wide to just over 2100 screens. It must maintain a high per screen average to have an impact over the holiday week into New Years day.. Consolidation at this level is a good thing. Just my two cents.
How this movie will do remains to be seen. It has been getting good hype and decent reports thus far. How the world wide market will do is difficult to predict. I don't like the title. Disney has a habit of trying to be too cute with the movie titles. In my opinion the title does not make a connection very well with the subject.
Don't confuse the marketplace with the potential audience capacity to understand it. Keep it simple like
The Lion King. Little Mermaid. Toy Story etc.
I'm in at 90 cents also as a guess. They should announce this week and that is based on the last few years. It could be awaiting a board meeting. Expect the stock to get a little bounce from the announcement.
Revenue for Thor 2 has exceeded all expectations for first weekend in North America @ 86.1 million and world wide total is ahead of projections. There is still one more day for the long weekend with the Veterans Day holiday.
The expectations were lower going into the weekend but actual results proved much better.
The short sellers should be thinking twice about their positions.
Wow. I remember the gloom and doom "Humanitarian". He was right for a very short time.
Every once and a while the "shorts" do try to make a move. It just will not work with Disney buying back its own shares every time the stock dips. Not exactly 100% foolproof but it does keep the price stable.
Better yet look at the world wide sales for Monsters University = $ 730,855,314. Some of the total was in the previous quarter, however Disney will take the write off now for Lone Ranger so it is over and done with. Figure the loss on actual cost of production and then a ton of worthless advertising and promotion in the mega millions. They should stick to a good story and less on the special effects. Tonto is not supposed to be in full war paint all the time. (the part was overplayed and a waste of good talent).
Not to worry because between Marvel and the Star Wars franchise in the next three years the stock will be heading toward 100. (wishful thinking -- YES, possible with a couple of billion dollar box office hits in the same year) Disney could be the first studio to do over 2 billion in one year.