PulteGroup put volume heavy and directionally bearish
The Fly

PulteGroup put volume heavy and directionally bearish

Bearish flow noted in PulteGroup with 3,209 puts trading, or 2x expected. Most active are 9/8 weekly 81 puts and Sep-23 84 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.36, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 24th.

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