FuboTV Stock Eyes Best Day Since 2018 on Disney Deal

Core Viewpoint - FuboTV Inc announced a merger with Walt Disney's Hulu+ Live TV, resulting in a combined subscriber count of 6.2 million and making Disney the majority owner with a 70% stake [1]. Group 1: Stock Performance - FuboTV's stock increased by 131.6%, reaching $3.34, marking its highest level in over two years [1]. - The stock has shown a 20.1% gain over the last 12 months and is on track for its fourth consecutive gain, with the largest single-day percentage increase since January 2018 [2]. Group 2: Analyst Sentiment - Despite the stock surge, analysts remain cautious, with five out of eight covering FuboTV rating it as a "hold" or worse [2]. - Short interest in FuboTV has risen by 9.2% in the last two reporting periods, accounting for 12.4% of the stock [2]. Group 3: Options Activity - FuboTV's 50-day put/call volume ratio of 20.47 is at the top annual percentile, indicating a higher than usual interest in call options [3]. - On the current day, 196,000 calls and 51,000 puts have been traded, which is 53 times the intraday average, with the weekly 1/10 4-strike call being the most active contract [3].