Decoding Lennar's Options Activity: What's the Big Picture?

Financial giants have made a conspicuous bearish move on Lennar. Our analysis of options history for Lennar LEN revealed 34 unusual trades.

Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 19 were puts, with a value of $900,507, and 15 were calls, valued at $744,983.

Latest Startup Investment Opportunities:

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $175.0 for Lennar over the recent three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Lennar stands at 800.6, with a total volume reaching 2,923.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Lennar, situated within the strike price corridor from $100.0 to $175.0, throughout the last 30 days.

Lennar Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LEN CALL TRADE NEUTRAL 01/16/26 $135.00 $170.9K 18 60
LEN CALL SWEEP BEARISH 02/16/24 $150.00 $110.2K 2.3K 340
LEN CALL SWEEP BEARISH 01/17/25 $175.00 $101.9K 8.0K 100
LEN PUT SWEEP BULLISH 05/17/24 $165.00 $64.8K 69 34
LEN PUT SWEEP BULLISH 05/17/24 $165.00 $64.6K 69 68

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

  • Currently trading with a volume of 2,672,703, the LEN's price is down by -1.89%, now at $151.85.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 49 days.

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.

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LENLennar Corp
$108.38-1.53%

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Momentum
18.63
Growth
90.24
Quality
20.51
Value
91.30
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