Pre-earnings options volume in Warner Bros. Discovery is 1.6x normal with calls leading puts 10:3. Implied volatility suggests the market is anticipating a move near 8.0%, or $1.24, after results are released. Median move over the past eight quarters is 12.9%.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on WBD: