Need a little magic in your life?
Earlier this week, the House of Mouse launched Disney Home, a new design brand that will offer Disney themed furniture and home decor in collaboration with artists and celebrities.
Think Ruggable rugs featuring subtle Mickey motifs, vintage Star Wars and Marvel posters, dinnerware with hidden Mickeys! $DIS also plans to offer “aspirational furniture” and “bespoke pieces” later on.
Why it matters: Home decor has ballooned into a $682 billion industry. As many companies continue to allow hybrid and remote work options, many people are paying to upgrade their home/work environment.
My position: I found a credit spread for Disney partner Wayfair $W which have been recently beaten down but analysts are forecasting 21% upside in the next year.
This strategy makes up to 39.3% (59.2% annualized) with 34% cushion ($44.87 breakeven).
Buy 2 $65 c, Sell 1 $70 c, Sell 1 $95 c
Sell 2 $45 puts
Exp 1/20/23
Might look complicated to the uninitiated, but spreads have much higher chance of winning than single leg options.
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