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Warner Bros. Discovery call volume above normal and directionally bullish

Bullish option flow detected in Warner Bros. Discovery (WBD) with 10,940 calls trading, 1.0x expected, and implied vol increasing over 1 point to 41.20%. Oct-25 14 calls and 4/4 weekly 11 calls are the most active options, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 0.48. Earnings are expected on May 8th.

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