Weekly options by stock · PARA
Paramount Global (PARA) Weekly Options
Last PARA trade alerted Nov 7, 2023
Paramount Global (PARA) no longer trades under PARA. While it did, its weekly options traded on US exchanges and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week’s options typically expire on the prior trading day. Below is our fully documented track record on PARA, and how its weekly options work.
Our documented PARA track record
Every PARA trade we have published, wins and losses alike. “Potential gain” is measured from a recorded entry price to a recorded exit price; individual results vary. We have published 2 PARA trades, too few to quote a win rate from, so the trades are shown instead. Past performance does not guarantee future results.
Documented PARA trade stories
A closer look at recent PARA weekly options trades we published and tracked, with the chart from the time of the trade. Wins and losses alike.
129% Potential Profit on a PARA Weekly Put Option
Paramount Global (PARA) · published Nov 7, 2023
PARA Nov 24 2023 $13.00 PUTS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every PARA trade inside membership →49% Potential Profit on a PARA Weekly Call Option
Paramount Global (PARA) · published Mar 29, 2023
PARA Apr 14 2023 $21.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every PARA trade inside membership →Recent PARA weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| Nov 7, 2023 | PARA Nov 24 2023 $13.00 PUTS | $0.56 | $1.28 | +129% |
| Mar 29, 2023 | PARA Apr 14 2023 $21.00 CALLS | $1.13 | $1.68 | +49% |
Our PARA weekly options trading history
We have published documented PARA weekly options trades from Mar 29, 2023 to Nov 7, 2023. Across 2 closed trades, 1 used a call option and 1 used a put option. Our best documented PARA result was a potential gain of +129% on PARA NOV 24 2023 13.000 PUTS, published Nov 7, 2023. The most recent are shown above, and every one, wins and losses, is on our full track record. Past performance does not guarantee future results.
What our PARA record shows
We have published 2 documented PARA positions, all of them in 2023, 1 using calls and 1 using puts. The median PARA potential result is +89%, above the +83% median across our whole record. The range runs from +49% to +129%. None of them closed at a loss, which is unusual and is not a forecast.
How weekly options work on PARA
PARA has come up a handful of times in our research, across 2 closed positions. We have published it in both directions, calls and puts. Weekly contracts decay faster than monthlies, so on a name like this the entry, the exit and the stop matter more than the direction alone.
Our published PARA ideas carry entry parameters, exit guidelines and a stop, and the reasoning behind the trade, so the logic is on the page rather than implied.
PARA weekly options: common questions
Does Paramount Global (PARA) have weekly options?
Paramount Global (PARA) no longer trades under PARA. While it did, it had weekly options listed on US exchanges, expiring every Friday the market was open.
When do PARA weekly options expire?
PARA no longer trades under that ticker, so no new PARA weekly options are listed. While it traded, its weekly options expired at the close of trading on Fridays.
What is Weekly Options USA's track record on PARA?
We have published 2 closed PARA weekly options trade ideas, listed below with the contract, the entry and the exit. That is too small a sample to quote a win rate from. Every trade we publish, on any stock, is on our public track record. Past performance does not guarantee future results.
What are the best weekly options to trade on PARA?
There is no single best contract. The right choice depends on your position size, timeframe and risk tolerance.
Experienced traders start with liquidity, looking at the daily volume and open interest of the specific option contract, not the stock itself. A lightly traded strike can be difficult to exit at a fair price, even if the trade idea is right.
Next comes the bid-ask spread. A wide spread adds cost both when entering and exiting the position.
Then there is time to expiry. Time decay becomes increasingly important as a weekly option approaches expiration, particularly in the final days.
Finally, there needs to be a reason for the stock to move within that timeframe. Earnings, a product announcement or a significant technical level may provide a catalyst. Without one, the option can lose time value while the stock goes nowhere.
How do I trade weekly options on PARA?
Weekly options on PARA are traded through any US options brokerage, in the same account you would use for shares. Most brokers ask you to apply for options approval first. This is general information, not personal advice; you make your own decisions.
Other stocks we have documented trades on
The full list is on weekly options by stock.
Weekly Options USA is a publisher of general trading research and education, not a registered investment adviser or broker-dealer. Everything we publish is general information only, never personal advice or a recommendation tailored to you, and you make your own trading decisions. Options trading carries substantial risk, including leverage, volatility, and the loss of your entire investment, and is not suitable for everyone. We guarantee no profit, accuracy or outcome. Past performance, including any results shown on this site, does not guarantee future results. Only trade with money you can afford to lose.