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 10,081 calls trading, 1.0x expected, and implied vol increasing over 2 points to 55.08%. May-24 10 calls and Jun-24 10 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.50. Earnings are expected on May 9th.

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