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Early Puts Trade In BRY

Shares of Berry Petroleum Co. (BRY) are trading down 2.89 to 45.69 today. The stock is trading $3 off of a 52 week high.

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Bearish Option Activity Alert: LEN/PHM

Both Lennar Corp. (LEN) and PulteGroup (PHM), two of the U.S. largest residential homebuilders, have seen early Put activity this morning with investors buying downside protection for the next 2-3 months.

Morning Futures Roundup

A roundup of morning activity in the futures market – Oil Prices Fail Again to Take Out $85 Resistance

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