Mixed options sentiment in Warner Bros. Discovery (WBD), with shares down 48c near $23.20. Options volume running well above average with 161k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 4.9 points near 58.03,and above the 52wk median, suggesting an expected daily move of $0.85. Put-call skew flattened, suggesting a modestly bullish tone.
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