Bearish flow noted in Paramount (PARA) Global with 5,357 puts trading, or 4x expected. Most active are Mar-25 10 puts and Feb-25 11 calls, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 5.79, while ATM IV is up over 30 points on the day. Earnings are expected on February 26th.
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