Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 7.53% 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 $49.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lennar is bearish and the probability of a decline 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 79.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lennar
Strong Housing Numbers Boost Home Construction ETFs
Tue, 14 Mar 2017 20:16:00 GMT
Lennar: A Well-Timed Play for the Spring Home-Buying Season
Mon, 13 Mar 2017 14:59:00 GMT
Lennar Should Build on Recent Gains
Mon, 13 Mar 2017 13:35:00 GMT
10 Real Estate Tips for Vets
Fri, 10 Mar 2017 20:26:00 GMT
Lennar Corporation's First Quarter Earnings Conference Call to be Broadcast Live on the Internet
Thu, 09 Mar 2017 16:31:00 GMT
PR Newswire – MIAMI, March 9, 2017 /PRNewswire/ — Lennar Corporation (NYSE:LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the first quarter ended February 28, 2017 before the market opens on March 21, 2017. Additionally, the Company will hold a conference call on March 21, 2017 at 11:00 a.m. Eastern Time. The call will be broadcast live on the Internet and can be accessed through Lennar's website at www.lennar.com. If you are unable to participate during the live webcast, the call will be archived at www.lennar.com for 90 days. Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations.
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