Bearish flow noted in PulteGroup with 1,648 puts trading, or 1.3x expected. Most active are 8/11 weekly 80 puts and Aug-23 80 puts, with total volume in those strikes near 740 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.
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