Disney (DIS) will report fiscal first quarter 2020 results on February 4 following the close of the trading session. The stock hasn't traded particularly well since the beginning of December, with shares falling by almost 6%, despite a broader S&P 500 rally. However, some options traders are betting Disney rises following its quarterly results, while the technical chart suggests the shares might rise by as much as 9%.

You can track all of my free articles on Disney and Seeking Alpha on the Google Spreadsheet I have created for public viewing.

Investors will be very eager to find out just how many subscribers the new Disney+ streaming service has signed up since becoming available. According to a recent report, the new streaming service has already eclipsed 40 million subscribers. If it is proven right, it would be an incredible sign-up rate, reaching nearly 2/3 the size of Netflix's (NFLX) total US subscriber base, which is around 61 million.

READ FULL ARTICLE HERE