Bearish flow noted in Comcast (CMCSA) with 8,709 puts trading, or 2x expected. Most active are 9/26 weekly 32 puts and 8/22 weekly 34.5 calls, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 5.72, while ATM IV is up over 3 points on the day. Earnings are expected on October 30th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- MLB TV being sold to ESPN as part of right deals, Yahoo Sports reports
- MSNBC No More: Comcast Stock (NASDAQ:CMCSA) Notches Up With Shift to MS Now
- MSNBC to chcange name to MS NOW after NBC separation, AP reports
- Now Streaming: Paramount announces seven-year UFC media rights pact
- Here Are 5 S&P 500 Stocks That Are Undervalued with Low P/E Ratios