Bullish option flow detected in Warner Bros. Discovery (WBD) with 101,877 calls trading, 1.5x expected, and implied vol increasing over 1 point to 53.03%. 12/5 weekly 25 calls and Dec-25 24 calls are the most active options, with total volume in those strikes near 27,900 contracts. The Put/Call Ratio is 0.36. Earnings are expected on February 26th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD:
- Midday Fly By: Walmart names new CEO, Merck acquires Cidara
- Now Streaming: Paramount, Comcast, Netflix preparing Warner Bros. bids
- Early notable gainers among liquid option names on November 14th
- Warner Bros. Gains ‘Buy’ Rating: Strong Growth in Film, DTC Expansion, and Strategic Financial Management
- Warner Bros. amends CEO Zaslav’s contract, Bloomberg reports