Bearish flow noted in Comcast with 12,072 puts trading, or 3x expected. Most active are Apr-23 37.5 puts and Feb-23 40 calls, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 1.88, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 26th.
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Published first on TheFly
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