PulteGroup Inc (PHM) $8.90 -0.06%
Call volume in homebuilders is heavy this morning, with sweep buyers of nearly 5000 March 9 calls in Pulte early in the day from 45 to 50cents, marked opening customer on the ISE. BZH upside calls also active about the same time, with 35 to 40cent buyers of about 5000 March 3.5 calls, also opening. Recap the sector by typing @CONST4 and using the menu.
Category: All Stocks, Home Construction, Mid Cap Stocks
About the Author (Author Profile)
Henry Schwartz is the president of Trade Alert LLC, a provider of real-time options analysis tools to leading Wall Street firms. His systems analyze hundreds of thousands of transactions per second to help professionals identify and interpret market activity in real time, supporting informed trading decisions and intelligent idea generation. He has held institutional trading and management roles with Bank of America, Bear Stearns, Salomon Brothers and the Hull Group, and made markets on the CBOE and AMEX floors in the US, and EUREX and MONEP overseas. Prior to founding Trade Alert, he led the electronic market-making group at Bank of America coincident with the launch of the International Securities Exchange. He received his bachelor’s degree in Economics from the University of California, San Diego and his MBA from NYU’s Stern School of Business.

