Bearish flow noted in Comcast (CMCSA) with 12,975 puts trading, or 3x expected. Most active are Jun-25 34 puts and Aug-25 35 puts, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 8.40, while ATM IV is up over 1 point on the day. Earnings are expected on July 29th.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Now Streaming: Warner Bros. Discovery to again separate into two companies
- AI Daily: Disney, Universal sue Midjourney for copyright infringement
- Newsmax+ now available on Comcast’s entertainment devices
- Walt Disney (DIS) and Universal Studios Sue AI Image Firm for Copyright Infringement
- Disney, Universal sue Midjourney for copyright infringement, NY Times reports