Bearish flow noted in Lennar (LEN) with 2,753 puts trading, or 2x expected. Most active are Jun-25 113 puts and Jun-25 114 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 3.28, while ATM IV is up over 1 point on the day. Earnings are expected on June 16th.
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