Bullish option flow detected in Warner Bros. Discovery (WBD) with 58,923 calls trading, 2x expected, and implied vol increasing almost 4 points to 42.02%. Aug-25 12.5 calls and Aug-25 12 calls are the most active options, with total volume in those strikes near 30,200 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 6th.
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