The Walt Disney Company (DIS)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 09:34 UTC · Figures derived from the full chain (1,042 contracts, 16 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)
Expected move — Sep 18, 2026 (15 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 ±3.7% (range 104.02–111.91) by Sep 18, 2026. ATM straddle: 3.94 @ strike 108 · ATM IV: 21.7%.
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) |
|---|---|---|---|
| 97.16 | -10% | 99.1% | 0.9% |
| 102.56 | -5% | 87.4% | 12.6% |
| 107.96 | +0% | 49.1% | 50.9% |
| 113.36 | +5% | 12.9% | 87.1% |
| 118.76 | +10% | 1.4% | 98.6% |
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: Sep 18, 2026 · lognormal model, 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. |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | ±1.4% | 24.1% | 20.1K |
| Sep 11, 2026 | 8 | ±2.6% | 20.2% | 7,620 |
| Sep 18, 2026 | 15 | ±3.7% | 21.7% | 123.5K |
| Sep 25, 2026 | 22 | ±4.5% | 22.4% | 6,854 |
| Oct 02, 2026 | 29 | ±5.3% | 22.8% | 1,641 |
| Oct 09, 2026 | 36 | ±6.4% | 25.2% | 571 |
| Oct 16, 2026 | 43 | ±6.6% | 23.1% | 65.9K |
| Nov 20, 2026 | 78 | ±10.5% | 27.8% | 67.3K |
| Dec 18, 2026 | 106 | ±12.0% | 26.9% | 64.6K |
| Jan 15, 2027 | 134 | ±13.1% | 26.5% | 130.6K |
| Mar 19, 2027 | 197 | ±16.6% | 27.9% | 26.4K |
Open interest by strike — Sep 18
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): 100 P · 27.8K115 C · 27.2K110 C · 17.2K90 P · 15.8K105 P · 13.0K
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
Track record
Full history →Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.
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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