Paramount Skydance Corp (PSKY) call options saw a huge volume on Friday, expiring at the end of 2026. This is ahead of the expected Oct. 6 merger close with Warner Bros. Discovery (WBD). This may indicate investors are bullish on PSKY given its low valuation. This article will discuss this trade.
PSKY closed at $9.50 on Friday, Oct. 2, when these huge call options at a $9.00 strike price expiring Dec. 18, 2026, traded. Moreover, PSKY is down from a recent peak of $11.14 on Sept. 16.