Bearish flow noted in Comerica with 1,763 puts trading, or 1.3x expected. Most active are 6/7 weekly 48 puts and 6/7 weekly 52 calls, with total volume in those strikes near 880 contracts. The Put/Call Ratio is 1.58, while ATM IV is up nearly 3 points on the day. Earnings are expected on July 19th.
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