27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bullish move on Lennar. Our analysis of options history for Lennar (NYSE:LEN) revealed 18 unusual trades.
Delving into the details, we found 61% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $311,322, and 12 were calls, valued at $750,580.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $175.0 for Lennar, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Lennar's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Lennar's whale trades within a strike price range from $100.0 to $175.0 in the last 30 days.
Lennar Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| LEN | CALL | TRADE | BULLISH | 01/17/25 | $175.00 | $96.3K | 9.0K | 369 |
| LEN | CALL | TRADE | BULLISH | 01/17/25 | $175.00 | $95.1K | 9.0K | 290 |
| LEN | CALL | TRADE | BULLISH | 01/17/25 | $175.00 | $90.2K | 9.0K | 74 |
| LEN | CALL | TRADE | BULLISH | 01/17/25 | $175.00 | $85.4K | 9.0K | 144 |
| LEN | CALL | TRADE | BULLISH | 01/17/25 | $175.00 | $82.9K | 9.0K | 212 |
About Lennar
Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
After a thorough review of the options trading surrounding Lennar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Lennar
- With a trading volume of 2,015,947, the price of LEN is down by -3.74%, reaching $152.0.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 28 days from now.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Lennar options trades with real-time alerts from Benzinga Pro.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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