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CommScope put volume heavy and directionally bearish

Bearish flow noted in CommScope (COMM) with 5,813 puts trading, or 7x expected. Most active are May-26 12 puts and Nov-25 16 calls, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 2.60, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 6th.

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