Bearish flow noted in Comcast (CMCSA) with 11,360 puts trading, or 6x expected. Most active are 8/29 weekly 29 puts and 8/8 weekly 32.5 puts, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 14.47, while ATM IV is up nearly 9 points on the day. Earnings are expected on July 31st.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Home Depot Stock (NYSE:HD) Slips as it Rolls Out the Halloween Collection
- Comcast’s Structural Challenges and Strategic Initiatives: Analyst Maintains Hold Rating Amidst Uncertain Outlook
- CMCSA Earnings this Week: How Will it Perform?
- PARA Analyst Showdown! Loop Capital Stays ‘Sell’ but TD Cowen Says ‘Hold’
- Now Streaming: FCC clears Paramount-Skydance deal