LEN Earnings Date & Options Strategy

Lennar Corporation Class A

$79.60

September 16, 2026
3 days away

Last Updated: September 06, 2026

Expected Move for September 16, 2026 Earnings

±7.4% (±$5.89)
Implied Price Range $73.71 – $85.49
Through Expiration September 18, 2026
Near-ATM Implied Volatility 63%
30-Day Historical Volatility 30% (options pricing 2.12x normal move)

Derived from implied volatility on LEN options expiring September 18, 2026 (first expiration after the earnings report), at a $79.60 stock price. The market expects LEN to trade between $73.71 and $85.49 through that expiry — roughly a one-standard-deviation range, meaning about a 68% probability if options are priced fairly.

Options IV Analysis

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Earnings Estimates

EPS Estimate (Current Qtr) $2.09
EPS Estimate (FY) $8.23
Earnings Growth (YoY) -0.5%
Revenue Growth (YoY) -0.1%
Forward P/E 12.6x

How to Trade Earnings with Options

Buy Options Strategy

Buy options when IV percentile is below 30. This means options are cheap relative to their historical pricing. As earnings approach, IV typically rises (IV expansion), increasing the value of your options even before earnings.

Sell Premium Strategy

Sell options when IV percentile is above 70. After earnings, IV crashes (IV crush), which benefits option sellers. Iron condors and credit spreads profit from this IV collapse.

Timing Tips

  • 2-3 weeks before: Best time to buy options if IV is low
  • 1 week before: IV starts rising, still okay to buy if IV < 50th percentile
  • Day of earnings: IV at peak - avoid buying, consider selling
  • After earnings: IV crushes 30-50%, sellers profit

Tradestie AI Rating

49.9
Hold
Evaluate position
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Gamma Positioning

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Analyst Ratings

SELL

21 analysts

Price Target $127.13
4
2
15
Strong Buy Buy Hold Sell

Company Info

Company Lennar Corporation Class A
Sector Consumer Cyclical
Industry Residential Construction