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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 9,364 calls trading, 1.6x expected, and implied vol increasing over 2 points to 65.60%. 10/27 weekly 11 puts and 11/3 weekly 12.5 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.43. Earnings are expected on November 2nd.

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