Paramount Global | PARA | Long at $11.00 (Jan '26 Call Options)
Paramount Global PARA may be gearing up for a price move to reach my historical simple moving average (white and green lines). It appears to be consolidating in the $9-$11 range, but the company is on shaky grounds. Currently, their debt is not well covered by operating cash flow, the dividend of 1.82% is not well covered by earnings, and there has been some insider selling lately. But earnings and cashflow are expected to grow in the future. So, it's a tossup in terms of fundamentals if the future actually plays out. Thus, while I have no desire to hold shares given the risks, the chart is enticing. January 2026 call options (strike of $12.50) are $0.90 each and that may be enough time for this to either move up or implode. The personal risk is small, but the reward could be generous.
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