Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 15.47% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lennar is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lennar is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Lennar
Dow Down, But Alphabet, Apple Show Fortitude; Can Snap Turn Higher?
Tue, 05 Dec 2017 21:45:16 +0000
Alphabet and Snap bucked the market decline Tuesday, led by the Dow Jones industrials. Apple gave up an inch.
Builder stocks soar while starts remain stagnant
Tue, 05 Dec 2017 18:25:00 +0000
CNBC's Diana Olick reports on homebuilder stocks soaring despite housing starts remaining stagnant.
See what the IHS Markit Score report has to say about Lennar Corp.
Mon, 04 Dec 2017 13:00:53 +0000
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 29. Index (PMI) data, output in the Consumer Goods sector is rising.
CalAtlantic's Earnings Get Dragged Down by Suppliers and Hurricanes
Wed, 29 Nov 2017 19:17:00 +0000
With a pending acquisition, though, investors didn't seem to care that much.
U.S. Housing Market Is on Fire Again and These 3 Stocks Are Loving It
Tue, 28 Nov 2017 17:38:00 +0000
The U.S. housing market is, metaphorically, a house-on-fire. That spells opportunity for sector investors.
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