Check Out What Whales Are Doing With WBD
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) by a large investor, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. Out of all the options, 10 are puts, for a total amount of $989,055, and there is 1 call, for a total amount of $37,932. The price of WBD is down -0.53% at $10.27. Several experts have given their ratings and price targets on WBD.
October 13, 2023 | 7:16 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on Warner Bros. Discovery, which could potentially impact the stock's price.
The large position in options indicates a significant bearish sentiment towards Warner Bros. Discovery. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100