Mixed options sentiment in Warner Bros. Discovery (WBD), with shares down 6c near $21.19. Options volume roughly in line with average with 119k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.58. Implied volatility (IV30) dropped 4.1 near 39.71,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.53. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Warner Bros. Discovery (WBD) will report earnings before the open on 2025-11-06.Option markets are pricing in a 50% probability of a move greater than 3.98% or $0.84.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD:
- Now Streaming: Analysts say buy Netflix on post-earnings weakness
- QQQ ETF News, 10/24/2025
- Writers Guild Calls Paramount–WBD Merger a ‘Disaster,’ Pledges to Oppose Deal
- The Smoking Gunn: The Risk Warner Bros. Discovery’s (NASDAQ:WBD) Sale Does Not Talk Much About
- Midday Fly By: Tesla reports mixed Q3, Trump in talks for quantum stakes