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Comcast put volume heavy and directionally bearish

Bearish flow noted in Comcast with 10,747 puts trading, or 2x expected. Most active are 9/27 weekly 38.5 puts and Dec-26 40 calls, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 1.50, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 31st.

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