Lennar's most recent trend suggests a bullish bias. One trading opportunity on Lennar is a Bull Put Spread using a strike $94.00 short put and a strike $87.50 long put offers a potential 25% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $94.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $5.20 would be incurred if the stock dropped below the $87.50 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 down which suggests that the medium-term momentum for Lennar is bearish.
The RSI indicator is at 31.08 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
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Tue, 01 Feb 2022 12:43:12 +0000
LEN, HZO, NUE, AB, and RHI have been added to the Zacks Rank #1 (Strong Buy) List on February 1, 2022.
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Beazer Homes USA, Inc., Toll Brothers, KB Home and Lennar Corp are highlighted in this Analyst Blog article.
NewEdge Wealth, LLC Buys Blackstone Inc, Zillow Group Inc, Vanguard Small Cap ETF, Sells Dun …
Mon, 31 Jan 2022 23:38:02 +0000
Investment company NewEdge Wealth, LLC (Current Portfolio) buys Blackstone Inc, Zillow Group Inc, Vanguard Small Cap ETF, ISHARES TRUST, iShares MSCI United Kingdom ETF, sells Dun & Bradstreet Holdings Inc, Lennar Corp, Ryman Hospitality Properties Inc, Dolby Laboratories Inc, TJX Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, NewEdge Wealth, LLC.
Housing market ‘could see a pretty substantial slowing': Zelman & Associates CEO
Mon, 31 Jan 2022 18:11:02 +0000
Zelman & Associates Co-Founder and CEO Ivy Zelman joins Yahoo Finance Live to discuss the housing market heading into the Fed's interest rate hikes, supply concerns, inflation, and mortgage rates.
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