Mixed options sentiment in Warner Bros. Discovery (WBD), with shares up 27c, or 0.98%, near $27.78. Options volume roughly in line with average with 41k contracts traded and calls leading puts for a put/call ratio of 0.69, compared to a typical level near 3.58. Implied volatility (IV30) dropped 1.13 near 13.69,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.24. Put-call skew flattened, suggesting a modestly bullish tone.
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