Bearish flow noted in Comcast with 11,257 puts trading, or 2x expected. Most active are Jun-23 32.5 puts and 2/3 weekly 39 puts, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 3.22, while ATM IV is up over 1 point on the day. Earnings are expected on April 27th.
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Published first on TheFly
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