Arbitrage Controls
Prediction Market Odds (YES) 30.0%
Current Stock Price (WBD) $21.20
Target Deal Acquisition Price $28.50
Completion Timeline 5 Months
Portfolio Position Size $10,000
Downside Stock Price (On Break) $14.00
Gross Spread +34.4%
Annualized Yield +82.6%
Expected Value (EV) $18.35
Risk / Reward Ratio 1 : 1.01
Event-Risk Expected Value Payoff Distribution
Annualized Arbitrage Yield Curve vs Timeline
Market Arbitrage Analysis & Provenance

Calculated using Polymarket implied 30.0% probability. Buying WBD stock at $21.20 with a $28.50 deal target offers a gross spread of $7.30 (34.4%). Given a 5-month completion horizon and $14.00 break downside, the position's expected valuation is $18.35 per share.

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