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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 35,256 calls trading, 5x expected, and implied vol increasing almost 2 points to 55.53%. 2/10 weekly 21.5 calls and 1/27 weekly 21 calls are the most active options, with total volume in those strikes near 20,200 contracts. The Put/Call Ratio is 0.14. Earnings are expected on February 16th.

Published first on TheFly

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