PulteGroup Unusual Options Activity For September 05

A whale with a lot of money to spend has taken a noticeably bullish stance on PulteGroup.

Looking at options history for PulteGroup PHM we detected 13 strange trades.

If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $78,610 and 11, calls, for a total amount of $763,420.

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What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $65.0 to $110.0 for PulteGroup over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for PulteGroup's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of PulteGroup's whale activity within a strike price range from $65.0 to $110.0 in the last 30 days.

PulteGroup Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Where Is PulteGroup Standing Right Now?

• With a volume of 1,040,050, the price of PHM is down -5.58% at $78.02.
• RSI indicators hint that the underlying stock may be approaching oversold.
• Next earnings are expected to be released in 49 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for PulteGroup, Benzinga Pro gives you real-time options trades alerts.