Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 6.16% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $45.00 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 71.54 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
Lennar (LEN) Stock Sinks As Market Gains: What You Should Know
Thu, 05 Sep 2019 21:50:09 +0000
Lennar (LEN) closed at $51.69 in the latest trading session, marking a -0.58% move from the prior day.
Do You Know What Lennar Corporation's (NYSE:LEN) P/E Ratio Means?
Thu, 05 Sep 2019 11:57:42 +0000
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios…
Sprawling Buckhead shopping center set for new apartments, hotel
Wed, 04 Sep 2019 17:12:02 +0000
Three developers have submitted plans for a Buckhead shopping center long overdue for a sweeping makeover.
Highwoods to redevelop aging Westshore building into two 10-story mixed-use towers (Renderings)
Wed, 04 Sep 2019 15:33:48 +0000
Highwoods wants to transform an aging brick building currently home to Bank of Tampa and Lennar Corp.'s Tampa division.
LMC Announces Start of Leasing at 17th & Broadway Apartments
Thu, 29 Aug 2019 15:07:00 +0000
Mixed-Use Community Represents LMC's First Development in Oakland OAKLAND, Calif. , Aug. 29, 2019 /PRNewswire/ — LMC , a leader in apartment development and management, today announced the start of leasing …
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