$Walt Disney(DIS)$ economy reopening in more countries. expect it to return to 100 by late quarter three to four in year 2023. the inflation will likely plateau sometime in early 2023 where we will tip into deep recession and then start our recovery phase. in the same vein, I will also expect this counter to continue dipping by another 15-20%.
for options players, I will go for a short put or long call at the current price.
let me know what you think.
cheers, dL
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