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Paramount Skydance Corp put volume heavy and directionally bearish

Bearish flow noted in Paramount Skydance (PSKY) Corp with 3,336 puts trading, or 1.7x expected. Most active are Jan-27 10 puts and Dec-25 17.5 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 1.53, while ATM IV is up over 26 points on the day. Earnings are expected on February 26th.

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