Disney is set to report earnings after the close Tuesday, and one trader is making a big bet the results will be magical.
On Monday, when options call volume ran two times its daily average, one large institutional trader wagered Disney's stock will trade at all-time highs by the second week of March. Wagering on the mouse house post-earnings has been a surefire bet in the past. In fact, one month out, Disney's stock has been higher after earnings in nine of the last 12 quarters, and all of the last four.
Apparently, this trader feels results will be no different this time.