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Best WBD Cash-Secured Put Strategy — 14-Day Strikes, Up to 12.38% Premium

Warner Bros. Discovery Inc · WBD · Cash Secured Put · Updated Oct 24, 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 12.38% annualized yield (11.39% avg on top strikes in the tables below).

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Earnings soon: Nov 5, 2026 · Likely before open (12 days). Calendar

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
$22.00Nov 1320-0.19$2.4811.25%84Open
$23.00Nov 613-0.20$2.4810.76%84Open
$23.00Nov 1320-0.20$2.4810.76%84Open
$20.00Nov 1320-0.16$2.4812.38%77Open
$21.00Nov 1320-0.17$2.4811.79%77Open

Additional medium-term contracts (22–45 DTE)

Additional medium-term contracts (22–45 DTE) — strike, expiration, DTE, delta, premium, yield, and contract score
StrikeExpirationDTEDeltaPremiumYieldScoreAction
$15.00Nov 2027-0.11$2.4816.50%78Open
$28.00Nov 2027-0.02$0.024.46%73Open
$30.00Nov 2027-0.08$0.034.93%68Open

Key Metrics

Financial Performance

Market Cap.$77.6 Billion
Stock Price$30.99
SectorCommunication Services
IndustryEntertainment
52W High$30.99
52W Low$18.00
50-Day SMA$28.39
200-Day SMA$27.65
RSI (14D)75.2
Analyst ConsensusHold
Next EarningsNov 5, 2026

Cash-secured puts snapshot

Avg. Premium Yield11.39%
Max Premium Yield12.38%
Avg. Implied Vol.200.9%
Peak Implied Vol.224.5%
Data UpdatedOct 24, 2026, 2:14 PM UTC

Insights

Top pick

Best cash-secured puts for Warner Bros. Discovery Inc (WBD): $22.00 strike expiring Nov 13, 2026, 11.25% 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 200.9% (elevated)— favorable for premium sellers.

Lowest capital at risk

Lowest strike CSP for Warner Bros. Discovery Inc (WBD): $20.00 at 12.38% 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 11.39% and peaks at 12.38%. Average implied volatility is 200.9% (peak 224.5%), indicating elevated volatility for premium sellers. Warner Bros. Discovery Inc (WBD) operates in the Communication Services sector within the Entertainment industry. 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 12.38% annualized yield (11.39% 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 $30.99, market cap $77.6 Billion, Communication Services sector, 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 (200.9% 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 11.39%, with top contracts up to 12.38%. Yields move with strike, expiration, and IV (avg 200.9%, peak 224.5%).

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 12.38%. 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 200.9% IV (peak 224.5%). 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.