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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