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Paramount Global call volume above normal and directionally bullish

Bullish option flow detected in Paramount Global with 33,924 calls trading, 1.0x expected, and implied vol increasing over 4 points to 55.56%. 7/5 weekly 10.5 calls and 7/5 weekly 11 calls are the most active options, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 5th.

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