Bearish flow noted in Lennar (LEN) with 8,421 puts trading, or 4x expected. Most active are 1/9 weekly 100 puts and Feb-26 100 puts, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 5.85, while ATM IV is up over 4 points on the day. Earnings are expected on March 19th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEN: