TRU-SENTIMENT · DeltaNeutral
WBD Trading Analysis - 09/18/2026 01:36 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
WBD (Warner Bros. Discovery, Inc. Series A Common Stock) at $27.96. RSI 30.4.
- Symbol
- WBD
- Price
- $27.96
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-18 13:36:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume analysis: Calls are dominating, indicating bullish conviction.
Key Statistics: WBD
Fundamental Snapshot
Valuation
| P/E (Trailing) | -22.24 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 4.15 |
Profitability
| EPS (Trailing) | $-1.27 |
| EPS (Forward) | N/A |
| ROE | -9.22% |
| Net Margin | -8.68% |
Financial Health
| Revenue (TTM) | $36.12B |
| Debt/Equity | 0.94 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for WBD include:
- Warner Bros. Discovery (WBD) has been focusing on its streaming services, including HBO Max and Discovery+.
- The company has been investing heavily in content creation to compete with other streaming giants.
- WBD has also been exploring potential partnerships and mergers in the streaming industry.
These headlines suggest that WBD is actively working to expand its presence in the streaming market, which could be a positive catalyst for the stock.
Fundamental Analysis:
Based on the provided fundamentals data:
- Total Revenue: $36.12 billion
- Trailing EPS: -$1.27
- Trailing P/E: -22.24
- Price-to-Book: 4.15
- Debt-to-Equity: 0.94
- Return on Equity (ROE): -9.22%
- Operating Margins: -3.52%
- Profit Margins: -8.68%
The negative EPS and profit margins indicate that WBD is currently experiencing financial challenges. The high debt-to-equity ratio and low ROE also raise concerns about the company's financial health.
Current Market Position:
Current price: $27.96
Recent price action: The stock has been trading in a range with a slight upward trend.
Key support and resistance levels:
- Support: $27.91 (from daily history data)
- Resistance: $28.48 (from daily history data)
Technical Analysis:
SMA trends:
- 5-day SMA: $28.08
- 20-day SMA: $28.35
- 50-day SMA: $27.38
RSI (14): 30.36, indicating oversold conditions.
MACD: Bullish, with a MACD line above the signal line.
Bollinger Bands: The stock price is near the lower band, indicating potential for a bounce.
ATR (14): 0.31, indicating relatively low volatility.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume analysis: Calls are dominating, indicating bullish conviction.
Key Price Levels:
- Support: $27.91
- Resistance: $28.48
- Entry: $27.96
- Target: $29.00
- Stop Loss: $27.50
25-Day Price Forecast:
WBD is projected for $28.50 to $30.00 based on current technical trends, momentum, and indicators.
Defined Risk Strategy Recommendations:
Based on the price forecast, here are three recommended defined risk strategies:
- Bull Call Spread: Buy $28.00 call, sell $30.00 call
- Iron Condor: Sell $27.00 put, buy $25.00 put, sell $29.00 call, buy $31.00 call
- Protective Put: Buy $27.00 put
Risk Factors:
- Technical warning signs: RSI oversold conditions may lead to a bounce, but prolonged oversold conditions could indicate further downside.
- Sentiment divergences: Options flow sentiment is bullish, but fundamentals are mixed.
- Volatility: Low ATR indicates relatively low volatility, but this could change rapidly.
Summary & Conviction Level:
Overall bias: Bullish
Conviction level: Medium
One-line trade idea: WBD has bullish technical and sentiment indicators, but mixed fundamentals.
View WBD Options Chain