Lennar's most recent trend suggests a bearish bias. One trading opportunity on Lennar is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 8.23% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock rose above the $55.00 long call 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 down which suggests that the medium-term momentum for Lennar is bearish.
The RSI indicator is at 53.04 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
Want to profit from the housing shortage? There’s a new ETF for that.
Thu, 21 Mar 2019 15:03:00 +0000
A new exchange-traded fund takes a very broad approach to tracking housing stocks, and argues that it is a good way to play the housing crisis.
Opendoor gobbles up another $300 million to finance ‘rapid growth’
Wed, 20 Mar 2019 21:18:17 +0000
The startup's 2019 growth plans include entering new markets, expanding existing services and adding new products for buying, selling and owning homes.
Analysts Estimate Lennar (LEN) to Report a Decline in Earnings: What to Look Out for
Wed, 20 Mar 2019 14:30:02 +0000
Lennar (LEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nation's largest homebuilder gobbling up big chunks of Valley land
Tue, 19 Mar 2019 23:00:00 +0000
The company closed on more than 2,000 metro Phoenix homes in fiscal 2018 and is on pace to grow that number in the coming year, with multiple new projects on the drawing board.
Report: Lennar led local homebuilding activity in ’18
Tue, 19 Mar 2019 21:57:12 +0000
After acquiring another firm, Lennar Corp. far outpaced all other homebuilders in the Sacramento region in 2018.
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