This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
$LEN - Lennar Corporation (earnings post-market 6/16)
just gonna post this on here cause I want to provide a nice play for WSB'ers to earn a modest 20%-100% gain relatively safely. I found $LEN by perusing the upcoming earner's to capture their run-up for easy gainz.
$LEN's chart caught my attention when I saw the dip and contrasted that with the references I hear to the skyrocketing home buying and housing margin price increases. After further shitty-TA I have concluded that $LEN will make a run to $100 by their earnings date: 6/16.
Why? if we look at $TOL, a similar company to $LEN, their earnings were relatively recent and were quite incredible. $LEN is positioned just as well, if not better than $TOL in the same market conditions. I think a sizable surprise could be in store for $LEN and with the month long dip losing steam, it looks like $LEN is ready to move upwards within a week. Typically in the past there has always been a modest 3% run-up by earnings with potentially more post-earnings.
What positions?
6/25 - $95 calls
7/16 - $97.50 / $100 calls
Whats the plan? i've already bought $14k worth of contracts at the price point of $95.50 and will wait until $LEN hits above $98.50 to consider selling.
Subreddit
Post Details
- Posted
- 3 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/wallstreetb...