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Comcast put volume heavy and directionally bearish

Bearish flow noted in Comcast with 9,095 puts trading, or 1.1x expected. Most active are Aug-24 37.5 puts and Sep-24 35 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.35, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.

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