Lennar's most recent trend suggests a bearish bias. One trading opportunity on Lennar is a Bear Call Spread using a strike $35.00 short call and a strike $40.00 long call offers a potential 8.23% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $35.00 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 $40.00 long call 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 down which suggests that the medium-term momentum for Lennar is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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
Beazer Stock Jumps On Profit Beat Amid Turnaround
Thu, 07 Nov 2013 19:05:00 GMT
Investor's Business Daily – Beazer Stock Jumps On Profit Beat Amid Turnaround
Why the Fed can’t save housing
Wed, 06 Nov 2013 22:25:25 GMT
Talking Numbers – http://d.yimg.com/hd/cnbc2/lotus/1383775013281_851_21yLHCoUfIbf1_1_0.jpg?s=3f6417cf74937b1d280754430317acf5&c=7ba738c17962e70d176e7d38cb27a056&a=cnbc2&mr=0
Fundamental Improvements In Housing Continue
Wed, 06 Nov 2013 17:50:57 GMT
Seeking Alpha – We've seen the recent hike in interest rates put a moderate dent in the upward trajectory of performance at Lennar ( LEN ) and KB Home ( KBH ) in their respective third quarters. This was also the case …
LENNAR CORP /NEW/ Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Tue, 05 Nov 2013 21:42:50 GMT
Bernanke Giving Homebuyers Second Chance With Pledge: Mortgages
Tue, 05 Nov 2013 21:36:33 GMT
Bloomberg – This was supposed to be the year that Herb Harrison found a newer, bigger home to replace his current house in Framingham, Massachusetts. Then, in May, mortgage rates began to rise and he put his hunt …
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