Warner Bros. Discovery call volume above normal and directionally bullish
The Fly

Warner Bros. Discovery call volume above normal and directionally bullish

Bullish option flow detected in Warner Bros. Discovery with 26,711 calls trading, 1.2x expected, and implied vol increasing over 1 point to 43.53%. Mar-24 9.5 calls and Mar-24 9 calls are the most active options, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 3rd.

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