Lennar (LEN) Options Chain

NYSE: LENConsumer DiscretionaryHomebuildingUSD

76.69-0.91 (-1.17%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $76.69
Put/call ratio (OI): 1.15
Put/call ratio (volume): 1.75
ATM implied volatility: 46.3%
Expected move: ±$4.16
Open interest (C / P): 17.27K / 19.86K

LEN options summary

The LEN options chain for the October 16, 2026 expiration lists 24 call and 28 put contracts, with 5 days until expiration. Open interest stands at 17,271 calls and 19,858 puts, a put/call ratio of 1.15, which is fairly balanced between calls and puts. At-the-money implied volatility near the $77.00 strike is 46.3%, which implies the market expects a move of about ±$4.16 (5.4%) in Lennar stock by expiration.

The most open interest sits at the $82.00 call (4.19K contracts) and the $74.00 put (5.29K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

LEN options chain · October 16, 2026

LEN calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
7	4	344.3%	31.50	29.90	33.10	45.00	0.00	0.05	0.08	165.6%	—	20
0	12	307.8%	27.30	24.60	28.40	50.00	0.00	1.00	0.06	221.1%	2	5
3	2	192.9%	16.38	15.00	18.10	60.00	0.00	0.35	0.04	112.1%	10	76
—	—	—	—	—	—	65.00	0.00	0.45	0.10	85.7%	1	284
—	—	—	—	—	—	68.00	0.00	0.15	0.05	52.9%	3	92
—	—	—	—	—	—	69.00	0.00	0.30	0.10	54.9%	1	115
10	4	59.2%	7.70	5.80	7.00	70.00	0.10	0.25	0.12	50.8%	42	3,052
—	—	—	—	—	—	71.00	0.05	0.25	0.25	49.2%	44	318
—	—	—	—	—	—	72.00	0.10	0.35	0.25	47.5%	42	2,322
—	—	—	—	—	—	73.00	0.35	0.50	0.40	46.1%	35	476
—	—	—	—	—	—	74.00	0.50	0.70	0.65	44.7%	4,335	5,291
155	41	45.9%	2.35	2.25	2.75	75.00	0.80	1.10	1.02	47.0%	77	1,880
182	536	44.4%	1.88	1.65	2.10	76.00	1.25	1.50	1.40	46.7%	37	271
LEN $76.69
25	631	44.5%	1.50	1.30	1.60	77.00	1.70	2.05	1.91	48.1%	24	281
75	164	45.0%	1.04	0.80	1.20	78.00	2.25	2.65	2.70	48.6%	6	153
289	21	54.3%	0.76	0.65	1.20	79.00	3.00	3.50	3.26	54.0%	15	1,932
2,983	626	44.6%	0.58	0.50	0.60	80.00	3.70	4.60	4.20	52.2%	29	2,112
108	287	58.4%	0.52	0.25	0.80	81.00	4.40	5.70	5.33	56.5%	2	74
4,191	301	52.5%	0.23	0.05	0.45	82.00	5.20	6.90	5.55	63.3%	1	46
247	15	56.4%	0.17	0.10	0.40	83.00	5.90	7.90	8.89	64.3%	1	6
3,126	7	55.7%	0.09	0.05	0.50	84.00	—	—	—	—	—	—
2,946	52	52.5%	0.10	0.05	0.15	85.00	8.20	9.50	8.50	73.9%	64	1,025
18	2	46.5%	0.16	0.00	0.05	86.00	9.10	10.80	7.52	83.9%	1	2
53	5	50.4%	0.05	0.00	0.10	87.00	9.30	12.30	7.26	82.4%	8	10
57	2	92.9%	0.30	0.00	1.20	88.00	—	—	—	—	—	—
1,755	10	55.5%	0.03	0.00	0.05	90.00	12.60	14.50	13.41	81.8%	1	15
670	1	71.1%	0.05	0.00	0.05	95.00	17.30	20.50	13.35	125.8%	4	0
359	1	154.6%	0.04	0.00	1.45	100.00	22.30	25.60	20.40	149.8%	1	0
8	1	182.9%	0.08	0.00	1.75	105.00	—	—	—	—	—	—
4	2	195.8%	0.05	0.00	1.55	110.00	—	—	—	—	—	—
0	1	211.4%	0.07	0.00	1.50	115.00	37.30	40.60	26.65	204.1%	—	0
—	—	—	—	—	—	130.00	52.30	55.50	51.41	244.5%	—	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the LEN put/call ratio?

For the October 16, 2026 expiration, the LEN put/call ratio based on open interest is 1.15 (19,858 puts vs 17,271 calls), and 1.75 based on today's volume. A ratio above 1 means more puts than calls.

What is LEN's implied volatility?

At-the-money implied volatility for LEN options expiring October 16, 2026 is about 46.3%, an annualized estimate of how much the market expects Lennar stock to move.

How many LEN option expiration dates are there?

LEN has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.