Pulte Homes (PHM) adds four cents to $8.76 and Nov 9 calls are trading on the 48-cent bid this morning (bid-ask was 48 to 53 cents). Looks like opening call writers, with more than 10,100 traded (94 percent bid) and existing open interest of 683 contract. Goldman Sachs upgraded PHM to Neutral from Sell this morning, but shares face resistance around $8.90 — a level tested multiple times throughout the month of September.