5/26/2023-Unusual Options Activity In LEN

$LEN – Bearish flow noted in Lennar (107.19 -1.38) with 2,113 puts trading, or 3x expected. The Put/Call Ratio is 2.38, while ATM IV is up over 1 point on the day. Earnings are expected on 06/20. The June 104.00 Puts are active.