Bullish option flow detected in Paramount Global with 26,977 calls trading, 1.7x expected, and implied vol increasing almost 5 points to 54.49%. 6/14 weekly 11 calls and Jun-24 12 calls are the most active options, with total volume in those strikes near 7,900 contracts. The Put/Call Ratio is 0.52. Earnings are expected on August 5th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PARA:
- Paramount (PARA) Stock Drops as Skydance Deal Collapses
- Paramount (NASDAQ:PARA) Readies Severance for the “Office of the CEO”
- Paramount Global Boosts Compensation for Chief People Officer
- M&A News: Another Offer for Paramount (NASDAQ:PARA)?
- Edgar Bronfman interested in buying Paramount parent, WSJ reports