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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 27,448 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 36.96%. 8/23 weekly 11 calls and Sep-24 11 puts are the most active options, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 0.24. Earnings are expected on October 31st.

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