Bearish flow noted in Lennar (LEN) with 3,235 puts trading, or 2x expected. Most active are 2/28 weekly 120 puts and Feb-25 119 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 4.19, while ATM IV is up over 1 point on the day. Earnings are expected on March 20th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEN: