Bullish option flow detected in Warner Bros. Discovery with 23,882 calls trading, 2x expected, and implied vol increasing almost 2 points to 66.31%. Feb-23 15.5 calls and Jun-23 22.5 calls are the most active options, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 23rd.
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Published first on TheFly
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