Bearish flow noted in Comstock Resources with 3,173 puts trading, or 3x expected. Most active are Mar-23 11 puts and Jun-23 12 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 9.30, while ATM IV is up over 1 point on the day. Earnings are expected on February 14th.
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Published first on TheFly
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