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Comcast put volume heavy and directionally bearish

Bearish flow noted in Comcast (CMCSA) with 8,773 puts trading, or 1.3x expected. Most active are Oct-25 30 puts and Sep-25 30 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 2.66, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.

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