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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 11,213 calls trading, 1.0x expected, and implied vol increasing over 2 points to 54.29%. 12/30 weekly 17 calls and 1/6 weekly 17 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.32. Earnings are expected on February 14th.

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Published first on TheFly

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