Bullish option flow detected in Lennar (LEN) with 6,712 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 46.32%. 5/1 weekly 90 calls and 4/10 weekly 85 puts are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.56. Earnings are expected on June 16th.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEN:
- Lennar downgraded to Sell from Buy at Seaport Research
- U.S. Mortgage Rates Ramp to 6-Month High as Spring Home-Buying Season Kicks Off
- Lennar price target lowered to $97 from $105 at Keefe Bruyette
- Lennar says ‘confident in the accuracy’ of financial statements
- Lennar price target lowered to $90 from $95 at Truist
