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Comcast put volume heavy and directionally bearish

Bearish flow noted in Comcast with 15,751 puts trading, or 3x expected. Most active are Jan-24 35 puts and Dec-23 42 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 2.22, while ATM IV is up nearly 4 points on the day. Earnings are expected on January 25th.

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