Bearish flow noted in PulteGroup with 5,185 puts trading, or 4x expected. Most active are Aug-23 80 puts and 8/25 weekly 79 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 2.18, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 24th.
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>>
See today’s best-performing stocks on TipRanks >>
Read More on PHM: