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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 66,218 calls trading, 9x expected, and implied vol increasing almost 7 points to 50.81%. 12/8 weekly 17 calls and Dec-23 17 calls are the most active options, with total volume in those strikes near 11,700 contracts. The Put/Call Ratio is 0.23. Earnings are expected on February 15th.

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