Comcast put volume heavy and directionally bearish
The Fly

Comcast put volume heavy and directionally bearish

Bearish flow noted in Comcast with 17,735 puts trading, or 1.7x expected. Most active are 3/8 weekly 42.5 puts and 4/5 weekly 38 puts, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 3.11, while ATM IV is up over 4 points on the day. Earnings are expected on April 25th.

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