WBD Short Volume
Warner Bros. Discovery, Inc. (WBD) operates in the Communication Services sector, specifically the Entertainment industry, with a market capitalization near $77.60B, listed on NASDAQ, employing roughly 35,500 people, carrying a beta of 1.57 to the broader market. Warner Bros. Led by David Zaslav, public since 2005-07-08.
Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.
- Latest Date
- 2026-09-30
- Short Volume
- 8.2M
- Total Volume
- 44.9M
- Short %
- 18.34%
- 30-Day Avg Short %
- 21.86%
Showing 30 days of FINRA short volume data for Warner Bros. Discovery, Inc..
Learn how short volume is reported and how to read the data →
WBD most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $25.00 | Oct 16, 2026 | 4.3K | 206.4K | 1.7% | $0.01 | $0.02 |
| CALL | $28.00 | Nov 20, 2026 | 2 | 54.3K | 954.1% | $2.85 | $3.00 |
| CALL | $29.00 | Nov 20, 2026 | 1.2K | 38.6K | 951.0% | $1.95 | $2.08 |
| CALL | $30.00 | Nov 20, 2026 | 124 | 20.4K | 845.4% | $0.97 | $1.05 |
| PUT | $30.00 | Nov 20, 2026 | 96 | 2.2K | 845.4% | $0.02 | $0.11 |
| CALL | $29.00 | Oct 16, 2026 | 57 | 92.7K | 1.0% | $1.95 | $2.00 |
| CALL | $31.00 | Nov 20, 2026 | 219 | 6.8K | 568.4% | $0.02 | $0.03 |
| CALL | $31.00 | Dec 18, 2026 | 130 | 2.1K | 403.7% | $0.02 | $0.03 |
| CALL | $30.00 | Dec 18, 2026 | 0 | 6.0K | 186.6% | $0.97 | $1.50 |
| PUT | $30.00 | Dec 18, 2026 | 70 | 642 | 186.6% | $0.01 | $0.12 |
Top 10 contracts from the institutional-grade nightly options scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked WBD short volume questions
- What is the daily WBD short volume?
- As of Sep 30, 2026, Warner Bros. Discovery, Inc. (WBD) short volume is 8.2M shares against 44.9M total reported volume, or 18.34% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
- How is WBD short volume reported?
- FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
- What does WBD short volume tell options traders?
- Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.