Bearish flow noted in Comstock Resources with 2,546 puts trading, or 4x expected. Most active are Feb-23 11 puts and Jan-24 15 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 2.62, while ATM IV is up over 3 points on the day. Earnings are expected on February 14th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CRK:
- COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS DATE AND CONFERENCE CALL INFORMATION
- Comstock Resources assumed with a Neutral from Buy at Mizuho
- Comstock Resources downgraded to Sector Weight from Overweight at KeyBanc
- Know Who to Trust! Here are the Top 10 Analysts of December 2022, According to TipRanks
- Comstock Resources put volume heavy and directionally bearish