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: Sep 17, 2027
Days to expiration: 341
Share price: $76.69
Put/call ratio (OI): 3.91
Put/call ratio (volume): 1.03
ATM implied volatility: 44.3%
Expected move: ±$32.86
Open interest (C / P): 362 / 1.42K

LEN options summary

The LEN options chain for the September 17, 2027 expiration lists 14 call and 16 put contracts, with 341 days until expiration. Open interest stands at 362 calls and 1,415 puts, a put/call ratio of 3.91, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $75.00 strike is 44.3%, which implies the market expects a move of about ±$32.86 (42.8%) in Lennar stock by expiration.

The most open interest sits at the $100.00 call (107 contracts) and the $70.00 put (798 contracts).

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

LEN options chain · September 17, 2027

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
—	—	—	—	—	—	45.00	1.20	1.50	1.40	46.5%	12	115
11	2	52.3%	29.00	28.10	30.10	50.00	1.80	2.55	2.17	46.8%	11	41
10	1	53.0%	30.05	24.50	26.80	55.00	2.80	3.50	3.30	44.6%	1	12
25	7	51.7%	24.00	21.40	23.40	60.00	4.40	4.90	4.60	43.5%	1	236
16	5	49.8%	23.02	18.00	20.10	65.00	5.30	6.50	6.30	42.1%	1	43
1	1	50.3%	18.80	14.50	17.70	70.00	8.00	8.80	8.20	42.1%	15	798
18	2	47.7%	13.69	13.00	14.70	75.00	10.10	11.10	10.40	41.0%	1	48
LEN $76.69
44	4	50.7%	11.80	10.70	13.60	80.00	13.00	13.80	13.50	40.2%	17	52
28	1	50.2%	9.91	9.10	11.70	85.00	15.50	17.10	16.10	40.4%	8	12
62	52	48.2%	8.14	7.80	9.60	90.00	19.20	21.40	18.60	43.1%	1	2
3	1	44.4%	6.74	6.40	7.20	95.00	22.20	24.30	19.80	40.2%	—	1
107	1	44.8%	5.56	5.20	6.20	100.00	25.90	28.30	27.00	40.3%	9	11
14	1	44.6%	5.80	4.30	5.20	105.00	29.80	32.10	29.20	39.0%	—	2
11	9	44.5%	3.50	3.50	4.40	110.00	34.80	36.40	34.50	39.0%	5	20
—	—	—	—	—	—	115.00	38.10	41.00	39.76	39.8%	1	3
—	—	—	—	—	—	120.00	43.40	45.30	44.36	38.6%	10	19
12	3	45.6%	1.70	0.55	2.45	130.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the LEN put/call ratio based on open interest is 3.91 (1,415 puts vs 362 calls), and 1.03 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 September 17, 2027 is about 44.3%, 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.