Bearish flow noted in Comcast with 10,935 puts trading, or 3x expected. Most active are Apr-24 40 puts and May-24 37.5 puts, with total volume in those strikes near 7,000 contracts. The Put/Call Ratio is 2.28, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 25th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMCSA:
- Seaport digital ad/media-tech analysts hold an analyst/industry conference call
- Box Office Battle: âGodzilla x Kong: New Empireâ wins weekend with $31.7M
- Comcast price target lowered to $47 from $50 at Wells Fargo
- Comcast connects 12,000 additional homes across Lynchburg, VA area
- Box Office Battle: âGodzilla x Kong: New Empireâ wins weekend with big $80M