Bullish option flow detected in Warner Bros. Discovery (WBD) with 46,669 calls trading, 1.1x expected, and implied vol increasing almost 10 points to 49.01%. 1/9 weekly 29 calls and 1/30 weekly 29 calls are the most active options, with total volume in those strikes near 22,200 contracts. The Put/Call Ratio is 0.06. Earnings are expected on February 26th.
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