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Comstock Resources call volume above normal and directionally bullish

Bullish option flow detected in Comstock Resources with 7,284 calls trading, 2.0x expected, and implied vol increasing over 4 points to 69.45%. Dec-22 15 calls and Jan-23 15 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 14th.

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Published first on TheFly

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