LEN Long

Updated
I am long on LEN as I am bullish on the housing market. Also sold 108 calls against half of my position for 5/14/2021.



Note
Exited half of position when TP hit on May 7th. then sold the rest at break even on Monday while covering my calls for a small profit.

The market retracement on fear of inflation is coming as markets slow down into the summer. I am still bullish in the builder sector but I am waiting for the right buy opportunity.
Trend Analysis

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