Lennar put quantity heavy and directionally bearish
Bearish move famous in Lennar with 3,384 places buying and selling, or 1.2x anticipated. Most lively are 12/9 weekly 84 places and 12/9 weekly 86 places, with complete quantity in these strikes close to 1,300 contracts. The Put/Name Ratio is 3.83, whereas ATM IV is up almost 3 factors on the day. Earnings are anticipated on December 14th.
Printed first on TheFly
See Insiders’ Scorching Shares on TipRanks >>
Learn Extra on LEN:
