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.

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