Bullish option flow detected in Paramount Global with 4,432 calls trading, 1.2x expected, and implied vol increasing over 2 points to 54.36%. Jun-23 25 calls and 5/5 weekly 21.5 puts are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.51. Earnings are expected on May 4th.
Published first on TheFly
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