The Walt Disney Company (DIS)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 21:54 UTC · Figures derived from the full chain (968 contracts, 15 expirations) · IV own-history percentile appears after 60 recorded days (29 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±7.8% (range 101.23–118.39) by Nov 20, 2026. ATM straddle: 8.57 @ strike 110 · ATM IV: 33.0%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 98.83 | -10% | 84.9% | 15.1% |
| 104.32 | -5% | 68.3% | 31.7% |
| 109.81 | +0% | 48.1% | 51.9% |
| 115.30 | +5% | 29.2% | 70.8% |
| 120.79 | +10% | 15.3% | 84.7% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±2.4% | 28.5% | 45.3K |
| Oct 30, 2026 | 11 | ±3.7% | 26.5% | 8,534 |
| Nov 06, 2026 | 18 | ±4.5% | 25.3% | 6,090 |
| Nov 13, 2026 | 25 | ±5.2% | 24.7% | 5,456 |
| Nov 20, 2026 | 32 | ±7.8% | 33.0% | 92.3K |
| Nov 27, 2026 | 39 | ±8.3% | 31.7% | 774 |
| Dec 18, 2026 | 60 | ±9.7% | 29.3% | 78.7K |
| Jan 15, 2027 | 88 | ±10.8% | 27.4% | 130.9K |
| Mar 19, 2027 | 151 | ±14.8% | 28.8% | 32.5K |
| Apr 16, 2027 | 179 | ±15.8% | 28.1% | 3,583 |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 106 P · 23.3K115 C · 18.3K95 P · 16.3K110 C · 14.2K120 C · 12.1K
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 73.1% of the time.
Past earnings reactions
Avg |reaction| 7.2% · median 7.4% (21 reports). Two-session close-to-close window; definition
About The Walt Disney Company
Operating worldwide through its various subsidiaries, The Walt Disney Company (DIS) stands as a prominent global entertainment enterprise. Its vast array of activities is organized into two primary divisions: Disney Media and Entertainment Distribution, and Disney Parks, Experiences and Products. Within its media and entertainment arm, Disney is actively engaged in developing and distributing both cinematic films and television series. This segment encompasses the management of well-known broadcast networks such as ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star, as well as renowned film studios responsible for productions under banners like Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures. The company also delivers content directly to consumers through its popular streaming platforms, including Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+. Further activities involve licensing its film and television content to external broadcasters and subscription video-on-demand services, overseeing theatrical releases, home entertainment distribution, and music distribution, staging and licensing live entertainment spect
Communication Services · Entertainment · NYSE · Profile: Financial Modeling Prep
DIS news
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