Bearish flow noted in Comerica with 4,579 puts trading, or 5x expected. Most active are Jul-24 37.5 puts and Oct-23 42.5 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 8.06, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 20th.
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