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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 38,315 calls trading, 1.7x expected, and implied vol increasing over 9 points to 47.46%. Sep-24 12 calls and Sep-24 11 puts are the most active options, with total volume in those strikes near 21,000 contracts. The Put/Call Ratio is 0.45. Earnings are expected on October 31st.

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