Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $104.00 short put and a strike $99.00 long put offers a potential 17.65% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $104.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $99.00 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 68.04 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
11 Best Housing Stocks of 2021
Wed, 04 Aug 2021 14:19:24 +0000
In this article, we discuss the 11 best housing stocks of 2021. If you want to skip our detailed analysis of the housing industry, go directly to the 5 Best Housing Stocks of 2021. The housing market is on fire. This statement seems ubiquitous nowadays. Indeed, on July 27, S&P CoreLogic reported a 16.6% increase […]
5 Best Housing Stocks of 2021
Wed, 04 Aug 2021 14:17:58 +0000
In this article, we discuss the 5 best housing stocks of 2021. If you want to read our detailed analysis of the housing industry, go directly to the 11 Best Housing Stocks of 2021. 5. AvalonBay Communities, Inc. (NYSE: AVB) Number of Hedge Fund Holders: 40 AvalonBay Communities, Inc. (NYSE:AVB) is a real estate investment […]
Lennar (LEN) Outpaces Stock Market Gains: What You Should Know
Tue, 03 Aug 2021 21:45:09 +0000
In the latest trading session, Lennar (LEN) closed at $107.29, marking a +1.36% move from the previous day.
This IBD Stock Of The Day Is In Buy Range As Housing Stocks Home Depot, Lennar, Floor & Decor Rebound
Tue, 03 Aug 2021 20:54:13 +0000
Stock Of The Day: The XHB SPDR S&P Homebuilders ETF is actionable as housing stocks such as Home Depot, Lennar and Floor & Decor rebound.
Homebuilding Continues to Drive Construction Spending: 6 Picks
Tue, 03 Aug 2021 12:02:12 +0000
U.S. construction activity is gaining momentum on a robust homebuilding market, helping stocks like KB Home (KBH), Lennar Corporation (LEN) and Century Communities (CCS).
Related Posts
Also on Market Tamer…
Follow Us on Facebook