Disney (DIS) volatility flat into EPS and advertising outlook
Disney (NYSE: DIS) closed at $27.24. DIS is expected to report EPS on November 12. DIS announced the purchase of Marvel (NNYSE: MVL) for $30 cash and 0.745 DIS shares for each share of MVL in August. DIS November and December option implied volatility of 36 is near its 26-week average of 37, according to Track Data, suggesting non-directional movement. Paul Foster
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