Smart Money Is Betting Big In LEN Options

Financial giants have made a conspicuous bullish move on Lennar. Our analysis of options history for Lennar 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.

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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.

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LENLennar Corp
$108.38-1.53%

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