Paramount Global call volume above normal and directionally bullish
The Fly

Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 5,205 calls trading, 1.4x expected, and implied vol increasing almost 10 points to 45.88%. Aug-24 12 calls and 8/9 weekly 9.5 puts are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.57. Earnings are expected on August 8th.

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