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 6.38% return on risk over the next 36 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 $0.30 would be kept by the premium seller. The risk of $4.70 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 67.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lennar
Gundlach at Delivering Alpha: Fed's not hiking
Wed, 15 Jul 2015 15:48:56 GMT
Lennar launches $1.1B multifamily investment fund
Wed, 15 Jul 2015 14:35:15 GMT
Lennar Announces First Closing of Lennar Multifamily Venture – Newly formed $1.1 billion equity fund targets class-A multifamily development communities. Venture to seek high yields from core portfolio in high growth and gateway markets in
Wed, 15 Jul 2015 12:30:10 GMT
noodls – MIAMI, July 15, 2015 /PRNewswire/ — Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, today announced the formation of Lennar Multifamily Venture (‘LMV' or the ‘Venture'), …
Lennar Forms $1.1 Billion Fund to Invest in Multifamily Homes
Wed, 15 Jul 2015 12:14:05 GMT
LENNAR CORP /NEW/ Files SEC form 8-K, Other Events
Wed, 15 Jul 2015 12:06:32 GMT
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