Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $73.50 short put and a strike $68.50 long put offers a potential 23.46% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $73.50 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $68.50 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 65.83 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
6 REIT Stocks Third Avenue Loves The Most
Wed, 12 Aug 2020 16:15:36 +0000
Third Avenue Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. The Third Avenue Real Estate Value Fund posted a return of 10.94% for the quarter as compared to its benchmark, the FTSE EPRA NAREIT Developed Index which returned 10.32% (before fees) in the same quarter. You should […]
LMC Announces Start of Leasing at Aya Apartments
Wed, 12 Aug 2020 13:30:00 +0000
LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the start of leasing at Aya, a contemporary mixed-use apartment community located in the Bay Area's Warm Springs neighborhood.
How to Invest in Lennar and Other Dual-Share Companies at a Discount
Fri, 07 Aug 2020 17:22:00 +0000
The high-vote shares of the home builder and those of a few other companies offer a cheaper way to gain ownership.
Real-estate reckoning on ‘master bedrooms’ as a racist term took place after years of discussion — yet many home builders dropped the term years ago
Wed, 05 Aug 2020 08:38:00 +0000
A growing number of real-estate professionals have stopped using the phrase ‘master bedroom’ amid a broader societal rethink of the language we use.
Can You Imagine How Lennar's (NYSE:LEN) Shareholders Feel About The 45% Share Price Increase?
Wed, 29 Jul 2020 17:43:20 +0000
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick…
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