Warner Bros. Discovery call volume above normal and directionally bullish

Bullish option flow detected in Warner Bros. Discovery with 10,081 calls trading, 1.0x expected, and implied vol increasing over 2 points to 55.08%. May-24 10 calls and Jun-24 10 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.50. Earnings are expected on May 9th.