Disney (NYSE:DIS) stock is up by more than 40% over the last year on the back of impressive financial performance and promising growth prospects. If you are looking to buy Disney stock on a pullback, selling put options could be a smart way to be compensated for your patience and capitalize on the opportunity to purchase this world-class business at a discounted entry price.
Andrés Cardenal owns shares of Walt Disney. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.