Analyzing the options chain and the chart patterns of LEN Lennar Corporation prior to the earnings report this week, I would consider purchasing the 185usd strike price Puts with an expiration date of 2024-10-4, for a premium of approximately $5.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LEN - Is H&S pattern. Money flow is also bearish. the market is becoming more likely to break down bearishly. Mixed insider transactions.
Not sure what NYSE:BRK.A NYSE:BRK.B is thinking, Warren Buffet. Is he expecting a huge demand for NEW HOMES? There was increase in demand after large drop. Maybe thinking that the Fed reduces #interestrates after things begin to crack, more? TVC:TNX has been pumping (10 Yr), no signs of weakness. They've all had huge runs NYSE:DHI NYSE:NVR NYSE:LEN.B...
Entry: when price clears 117.54 Volume: average or better Target: 129 area Stop: Depending on your risk tolerance; 113.72 gets you 3/1 Reward to Risk Ratio. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this...
If you haven`t sold LEN here, for a quick profit: Then Analyzing the options chain of LEN Lennar Corporation prior to the earnings report this week, I would consider purchasing the 110usd strike price Puts with an expiration date of 2023-7-21, for a premium of approximately $2.67. If these options prove to be profitable prior to the earnings release, I would...
NYSE:LEN has 2 Double top in December and 1 in may. Could this be the 2nd double top. Short here and and i will stop out on a daily close above the horizontal line.
A W pattern on this 4Hr chart. Basically price just plays out in the shape of a W with the right arm being the main bullish phase which can be seen on chart. The middle does not necessarily have to be lower (as it is on this chart) for it to be a W pattern still.
Looking at the LEN Lennar Corporation options chain, i would buy the $71 strike price Puts with 2022-9-23 expiration date for about $1.00 premium. Looking forward to read your opinion about it.
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on July 21, 2022 with a closing price of...
Homies and the like are due for a correction of extraordinary measures. Count on it. Plan for it. Move the hell out of the way of it. Or Don't. Housing won't hold on much longer prior to the downdraft. It rolled over in Mid April but did not show until May.
LEN looking for a beat this upcoming call to confirm it's current overhead price targets. With price targets as high as $112, I see $99-$101 short term due to lower equilibrium needed. I see $104-$106 as a mid-term goal, to then check back into most recent broken channel as new support channel.
A close above this channel, and I may be interested. Let's see what it does tomorrow.
Lennar could go to $100... See PHM analysis as well. Home stocks perking up
EARNINGS ANNOUNCEMENT-RELATED VOLATILITY CONTRACTION PLAYS (IN ORDER OF ANNOUNCEMENT): Here are the options-liquid underlyings announcing next week that I've culled down to 30-day >50% as candidates for volatility contraction plays: LEN (21/49/11.6%),* announcing Wednesday after market close MU (24/52/12.2%), announcing Wednesday (no time specified) FDX...
$LEN Bullish Descending Megaphone $LEN has formed a beautiful descending broadening wedge or descending megaphone into its earnings report Monday after close. This pattern retested previous highs and bounced, showing support on a perfect retest of $71.30. First target is previous highs around $79.50 which I am looking for Monday into Earnings. I am looking to...
LEN call PT is 72. I have a call for 69 out on the 24th. Was a beauty. Broke out but again the news kinda ruined the run. Didn’t sell. Theta wont ruin it. Held that 62 support very nicely so that’s good. Will monitor throughout the rest of the week. Was going off the double bottom to bull flag. Will alert if losses need to be cut.
$LEN. Looking at homebuilding and as of right now this has the best turn out. Looking like a cup and handle on the FIB. bounce at the 0 line so waiting for it to rip to 72. Price target is 72 lol. Will buy on a pullback