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Frontier Communications put volume heavy and directionally bearish

Bearish flow noted in Frontier Communications with 3,139 puts trading, or 6x expected. Most active are Dec-25 7.5 puts and Oct-23 15 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 29.06, while ATM IV is up over 1 point on the day.

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