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Paramount Skydance Corp put volume heavy and directionally bearish

Bearish flow noted in Paramount Skydance (PSKY) Corp with 9,519 puts trading, or 1.7x expected. Most active are Jan-26 16 puts and Nov-25 16 calls, with total volume in those strikes near 8,300 contracts. The Put/Call Ratio is 3.76, while ATM IV is up over 1 point on the day. Earnings are expected on February 26th.

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