Paramount Global Option Alert: Jan 19 $17.5 Calls at the Ask: 1250 @ $1.81 vs 11740 OI; Earnings 8/7 After Close Ref=$16.005
Portfolio Pulse from Charles Gross
An option alert has been issued for Paramount Global, with 1250 calls at the ask price of $1.81 for January 19th, $17.5. This is compared to an open interest of 11740. The company's earnings will be announced after close on August 7th. The reference price is $16.005.
August 07, 2023 | 6:22 pm
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NEUTRAL IMPACT
Increased options activity for Paramount Global could indicate investor anticipation of a significant price movement. The earnings announcement on August 7th may also impact the stock price.
The increased options activity could indicate that investors are anticipating a significant price movement for Paramount Global. However, it's uncertain whether this will be positive or negative. The upcoming earnings announcement could also impact the stock price, depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100