Bullish option flow detected in Warner Bros. Discovery with 72,749 calls trading, 14x expected, and implied vol increasing almost 3 points to 61.55%. 1/6 weekly 9.5 calls and Apr-23 12.5 calls are the most active options, with total volume in those strikes near 65,800 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 23rd.
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Published first on TheFly
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