Moderately bullish activity in Warner Bros. Discovery (WBD), with shares up 8c, or 0.33%, near $24.08. Options volume relatively light with 41k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 0.0 points near 50.1,and above the 52wk median, suggesting an expected daily move of $0.76. Put-call skew steepened, indicating increased demand for downside protection.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD: