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Best WBD Cash-Secured Put Strategy — 14-Day Strikes, Up to 0.54% Premium

Warner Bros. Discovery, Inc. · WBD · Cash Secured Put · Updated Sep 9, 2026

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Screener

Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Streaming, Studios, and Global Linear Networks. The Streaming segment offers streaming services, such as HBO Max and discovery+, and premium pay-TV services, including HBO and certain premium sports streaming products for mobile and connected TV devices. Highlighted 14–30 day cash-secured puts on Warner Bros. Discovery, Inc. (WBD) reach up to 0.54% annualized yield (0.36% avg on top strikes in the tables below).

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Elevated implied volatilityTop IV stocks →

Top Cash Secured Puts (14–30 day)

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Top Cash Secured Puts (14–30 day) — strike, expiration, DTE, delta, premium, yield, and contract score
StrikeExpirationDTEDeltaPremiumYieldScoreAction
$1.00Sep 1890$0.010.50%3Open
$27.00Sep 189-0.19$0.150.37%2Open
$26.00Sep 2516-0.15$0.200.27%2Open
$28.00Sep 189-0.42$0.300.54%2Open
$23.00Sep 189-0.03$0.030.13%2Open

Additional medium-term contracts (22–45 DTE)

Additional medium-term contracts (22–45 DTE) — strike, expiration, DTE, delta, premium, yield, and contract score
StrikeExpirationDTEDeltaPremiumYieldScoreAction
$26.00Oct 930-0.31$1.244.75%65Open
$28.00Oct 930-0.45$1.455.18%56Open
$26.00Oct 223-0.17$0.240.92%3Open

Key Metrics

Financial Performance

Market Cap.$70.8 Billion
Stock Price$28.14
SectorCommunication Services
IndustryEntertainment
52W High$30.00
52W Low$11.77
50-Day SMA$27.07
200-Day SMA$27.27
RSI (14D)54.2
Analyst ConsensusHold
WSO RatingC
Overall Score2
Next EarningsNov 5, 2026

Cash-secured puts snapshot

Avg. Premium Yield0.36%
Max Premium Yield0.54%
Avg. Implied Vol.175.4%
Peak Implied Vol.724.2%
Data UpdatedSep 9, 2026, 12:33 PM UTC

Insights

Top pick

Best cash-secured puts for Warner Bros. Discovery, Inc. (WBD): $1.00 strike expiring Sep 18, 2026, 0.50% yield.

Short-term opportunities

Warner Bros. Discovery, Inc. (WBD) has competitive cash-secured puts expiring within ~14–21 days—use the 14-day screener filter to compare.

Implied volatility

Average IV for Warner Bros. Discovery, Inc. (WBD) is 175.4% (elevated)— favorable for premium sellers.

Lowest capital at risk

Lowest strike CSP for Warner Bros. Discovery, Inc. (WBD): $1.00 at 0.50% yield.

How to use this page

  1. Review Warner Bros. Discovery, Inc. (WBD) fundamentals Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
  2. Open the screener for Warner Bros. Discovery, Inc. (WBD) Open our Cash Secured Puts screener with WBD pre-loaded and optional 14-day or 30-day DTE filters.
  3. Compare and execute Refine yield, delta, and IV in the screener, then place the trade in your broker.

Analysis

Our analysis of Warner Bros. Discovery, Inc. (WBD) cash-secured puts shows average premium yield of 0.36% and peaks at 0.54%. Average implied volatility is 175.4% (peak 724.2%), indicating elevated volatility for premium sellers. Warner Bros. Discovery, Inc. (WBD) operates in the Communication Services sector within the Entertainment industry, earning an overall score of 2. Use the tables below to compare strike, DTE, and delta before opening the full screener.

FAQ

What are the best cash-secured puts for Warner Bros. Discovery, Inc. (WBD)?

The best cash-secured puts for Warner Bros. Discovery, Inc. (WBD) reach up to 0.54% annualized yield (0.36% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.

What are Warner Bros. Discovery, Inc. (WBD)'s fundamentals for cash-secured puts?

For Warner Bros. Discovery, Inc. (WBD), key fundamentals include last price $28.14, market cap $70.8 Billion, Communication Services sector, WSO rating C, analyst consensus Hold. Fundamentals help you judge assignment risk and premium richness before selling options.

How do I find cash-secured puts for Warner Bros. Discovery, Inc. (WBD)?

Use our Cash Secured Puts screener with Warner Bros. Discovery, Inc. (WBD) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (175.4% avg IV on this page).

What is the average premium yield for Warner Bros. Discovery, Inc. (WBD) cash-secured puts?

Average premium yield for Warner Bros. Discovery, Inc. (WBD) cash-secured puts is 0.36%, with top contracts up to 0.54%. Yields move with strike, expiration, and IV (avg 175.4%, peak 724.2%).

Is Warner Bros. Discovery, Inc. (WBD) a good stock for cash-secured puts?

Warner Bros. Discovery, Inc. (WBD) offers cash-secured puts with yields up to 0.54%. WSO rates it C. It is in Communication Services. IV is elevated—weigh premium income vs. assignment and earnings risk.

What expiration dates are available for Warner Bros. Discovery, Inc. (WBD) cash-secured puts?

Warner Bros. Discovery, Inc. (WBD) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.

How does implied volatility affect Warner Bros. Discovery, Inc. (WBD) cash-secured puts?

IV drives option premiums: Warner Bros. Discovery, Inc. (WBD) averages 175.4% IV (peak 724.2%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.

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Not financial advice. Options involve risk. Data from live market feeds and may change.