This Is What Whales Are Betting On Lennar
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Lennar (NYSE:LEN), with 26 uncommon options trades spotted for the company. The sentiment of these big-money traders is split 50% bullish and 50% bearish. The trades include 18 puts for a total of $1,244,572 and 8 calls for a total of $580,859. The whales have been targeting a price range from $95.0 to $125.0 for Lennar over the last 3 months. The price of LEN is currently down -0.25% at $116.76.
August 18, 2023 | 7:15 pm
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A large investor has taken a bullish stance on Lennar, with 26 uncommon options trades spotted. The sentiment is split 50% bullish and 50% bearish. The price of LEN is currently down -0.25% at $116.76.
The large volume of uncommon options trades indicates that a significant investor is taking a bullish stance on Lennar. This could potentially drive the stock price up in the short term. However, the sentiment is split 50% bullish and 50% bearish, indicating uncertainty in the market. The current price of LEN is down -0.25% at $116.76, which could potentially make it an attractive buy for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100