Lennar Option Alert: Jul 19 $160 Calls at the Ask: 93025 @ $5.1 vs 419 OI; Ref=$155.22
Portfolio Pulse from Benzinga Newsdesk
An option alert has been issued for Lennar Corporation (LEN) with a significant volume of July 19 $160 call options traded at the ask price of $5.1, compared to an open interest of 419. The reference price for LEN is $155.22.
June 17, 2024 | 4:06 pm
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A large volume of July 19 $160 call options for Lennar Corporation (LEN) has been traded at the ask price, indicating bullish sentiment. The reference price is $155.22.
The high volume of call options traded at the ask price suggests that investors are expecting the stock price of Lennar Corporation to rise above $160 by July 19. This indicates a bullish sentiment in the market for LEN.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100