Bullish option flow detected in Warner Bros. Discovery with 37,073 calls trading, 2x expected, and implied vol increasing almost 3 points to 47.56%. 6/30 weekly 12 calls and Jun-23 13 calls are the most active options, with total volume in those strikes near 15,500 contracts. The Put/Call Ratio is 0.35. Earnings are expected on August 3rd.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on WBD:
- ITV mulls deal to acquire All3Media, merge with ITV Studios, Reuters says
- Warner Bros. Discovery shutters Danish production unit, Deadline reports
- ‘Daredevil,’ ‘Penguin’ shows on hold until WGA strike ends, Deadline says
- Warner Bros. Discovery Announces Expiration and Results of Tender Offer for Any and All Floating Rate Notes due 2024 Issued by WarnerMedia Holdings, Inc.
- Warner Bros. Discovery Stock (NYSE:WBD): Rising Steadily on Positive Catalysts