Comerica put volume heavy and directionally bearish
The Fly

Comerica put volume heavy and directionally bearish

Bearish flow noted in Comerica with 5,201 puts trading, or 5x expected. Most active are Nov-23 40 puts and 10/6 weekly 39 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 14.09, while ATM IV is up over 6 points on the day. Earnings are expected on October 20th.

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