Bullish option flow detected in Warner Bros. Discovery (WBD) with 20,341 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 63.59%. 5/9 weekly 9 calls and 5/9 weekly 8 puts are the most active options, with total volume in those strikes near 10,800 contracts. The Put/Call Ratio is 0.61. Earnings are expected on May 8th.
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