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Comstock Resources call volume above normal and directionally bullish

Bullish option flow detected in Comstock Resources with 5,734 calls trading, 2x expected, and implied vol increasing over 3 points to 68.22%. Jan-23 15 calls and Mar-23 16 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 14th.

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Published first on TheFly

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