Pulte Group (PHM) adds 12 cents to $7.64 and recent trades in the home builder include a 9765-contract block of Jul 7 puts on the 9-cent bid. It might be a closing trade. Open interest is 64,760 and the largest position in the name. 10,500 now traded. Shares have been trending higher in the past two weeks and are up 10.2 percent since Jun 10. Consequenty, the Jul 7 put is 8.4 percent OTM and, since next Monday is a holiday, has only 14 trading days of life remaining (including today).