Bullish option flow detected in Warner Bros. Discovery (WBD) with 26,771 calls trading, 2x expected, and implied vol increasing almost 20 points to 69.06%. Dec-25 9 calls and Jun-25 10 calls are the most active options, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 0.34. Earnings are expected on May 8th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD:
- Packed Slate Cannot Stop Warner Bros Discovery Stock (NASDAQ:WBD) Plummet
- Now Streaming: Amazon’s film strategy hits the big-screen
- Warner Bros. Discovery price target lowered to $13 from $14 at Raymond James
- Warner Bros. Discovery put volume heavy and directionally bearish
- Newsmax Stock (NMAX) Crashes over 77% as Post-IPO Surge Fizzles Out