Bearish flow noted in Paramount (PARA) Global with 8,211 puts trading, or 1.5x expected. Most active are Jun-25 13 puts and Mar-25 10 puts, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 2.04, while ATM IV is up nearly 12 points on the day. Earnings are expected on April 28th.
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