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Warner Bros. Discovery call volume above normal and directionally bullish
The Fly

Warner Bros. Discovery call volume above normal and directionally bullish

Bullish option flow detected in Warner Bros. Discovery with 13,051 calls trading, 1.8x expected, and implied vol increasing over 2 points to 62.14%. Feb-24 10.5 calls and Feb-24 10 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.38. Earnings are expected on February 23rd.

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