Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 16.28% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $92.50 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 at 64.67 level which suggests that the stock is neither overbought nor oversold at this time.
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
2 Companies That Raised Their Dividends This Week
Sat, 10 Apr 2021 11:30:00 +0000
Constellation Brands and Levi Strauss declared dividend increases this week. And several other companies said they would maintain their payouts at current levels.
3 Zacks Rank #1s with High VGM Scores
Thu, 08 Apr 2021 16:15:04 +0000
3 Zacks Rank #1s with High VGM Scores
Is Lennar (LEN) a Great Value Stock Right Now?
Thu, 08 Apr 2021 15:50:03 +0000
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
How Lennar (LEN) Stock Stands Out in a Strong Industry
Thu, 08 Apr 2021 12:40:12 +0000
Lennar (LEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The Zacks Analyst Blog Highlights: Goldman Sachs, Google, Alleghany Corp, Lennar Corp and WilliamsSonoma
Thu, 08 Apr 2021 11:23:11 +0000
The Zacks Analyst Blog Highlights: Goldman Sachs, Google, Alleghany Corp, Lennar Corp and WilliamsSonoma
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