tiprankstipranks
Lennar call volume above normal and directionally bullish
The Fly

Lennar call volume above normal and directionally bullish

Bullish option flow detected in Lennar (LEN) with 3,853 calls trading, 3x expected, and implied vol increasing almost 2 points to 33.87%. 2/28 weekly 139 calls and Feb-25 140 (nonstd LEN1) puts are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.24. Earnings are expected on March 20th.

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App