Mystery Trader Mints $1.2 Overnight Million in Warner Bros. Options Bet

A trader made more than a million dollars in profit betting on a rise in Warner Bros. Discovery Inc. shares, cashing in the position after Netflix Inc. emerged as the...

By Bernard Goyder · Bloomberg Markets

A trader made more than a million dollars in profit betting on a rise in Warner Bros. Discovery Inc. shares, cashing in the position after Netflix Inc. emerged as the winner from a bidding war for the entertainment company.