Frontier Communications put volume heavy and directionally bearish
The Fly

Frontier Communications put volume heavy and directionally bearish

Bearish flow noted in Frontier Communications with 8,995 puts trading, or 8x expected. Most active are Mar-24 17.5 puts and Jun-24 15 puts, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 11.00, while ATM IV is up nearly 5 points on the day.

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