Lennar's most recent trend suggests a bearish bias. One trading opportunity on Lennar is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 11.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $50.00 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 73.16 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
Toll Brothers Hits 52-Week High
Wed, 05 Mar 2014 16:50:07 GMT
Must-know: Why the jobs report looms large this week
Wed, 05 Mar 2014 13:00:10 GMT
Beware the high-fliers: Trouble could be lurking
Tue, 04 Mar 2014 15:14:50 GMT
Lennar downgraded to Hold from Buy at KeyBanc
Tue, 04 Mar 2014 11:34:39 GMT
Weather, Low Inventory Keep January Home Sales Flat
Fri, 28 Feb 2014 17:03:00 GMT
Investor's Business Daily – Pending home sales were little changed in January from December, the National Association of Realtors said Friday morning, blaming continued bad weather and low inventory, especially in the West, for holding …
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