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Benzinga
Benzinga
Business
Craig Jones

Hopes Pinned On Walt Disney, After Netflix Streams Hugely Disappointing Subscriber Numbers

Disney NYSE Walt Disney Co Mike Khouw

Walt Disney Co’s (NYSE:DIS) earnings call, scheduled for after the closing bell on Wednesday, is in focus. Investors are pinning their hopes on Disney, after Netflix Inc (NASDAQ:NFLX) reported its first subscriber loss in over a decade in April.

On CNBC's "Options Action," Mike Khouw of Optimize Advisors said that the stock is trading about 1.4 times its average daily volume, with calls outpacing puts.

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