$29 · Aug 14 · 29Δ
$0.43 premium · 19%/yr annualized
$WBD
WARNER BROS DISCOVERY INC
▲ +0.36 (+1.33%)
WARNER BROS DISCOVERY INC
Regime balanced · no clear edge from positioning.
Each wall is the strike carrying the heaviest open interest within 15% of price, call above as resistance, put below as support, pooled across all listed expirations. It is a structural positioning level, not a single expiry pin. Max pain is tracked separately.
The Read
$WBD is in short gamma at heat 54, amplifying moves as dealers hedge. The $29 call wall has held 91% of tests, a level dealers staunchly defend, while the $25 put wall is untested yesterday. Spot sits 2.2% below the $26.82 flip, so any dip runs with the trend.
Where the market is positioned
Risk-neutral, implied by options pricing. Where the market is positioned, not a forecast.
Talk to the oracle
Free. No login. Real dealer positioning on $WBD, scored over a year of outcomes.
$29 · Aug 14 · 29Δ
$0.43 premium · 19%/yr annualized
$25 · Aug 14 · 30Δ
$1.49 premium · 73%/yr annualized
Not investment advice · Informational only
Over the last 21 sessions · n=24
Free alert
We DM you when the $29 call wall or the $25 put wall breaks. No noise, just the break.
Wall-break alerts arrive as a Discord DM. Pro gets them live, the instant the wall breaks.
Free alert
We DM you when the $29 call wall or the $25 put wall breaks.
…
Alert set
We'll DM you when the $29 call wall breaks. Rest easy.
Scored Levels
PROImplied vs Measured
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Pro picks the timeframe and skips the queue. Go Pro
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Dealer positioning, scored in public. Methodology + sample sizes always visible.
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