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.
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