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Paramount Skydance Corp put volume heavy and directionally bearish

Bearish flow noted in Paramount Skydance (PSKY) Corp with 3,472 puts trading, or 1.1x expected. Most active are 12/26 weekly 15 puts and Dec-25 14 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 1.72, while ATM IV is up over 4 points on the day. Earnings are expected on February 26th.

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