Bearish flow noted in Frontier Communications with 1,395 puts trading, or 1.6x expected. Most active are Oct-23 15 puts and Jan-24 15 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 6.94, while ATM IV is up over 3 points on the day.
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Read More on FYBR:
- Frontier Communications put volume heavy and directionally bearish
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