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Lennar Corporation (NYSE: LEN). July. Short. + 9.06% On Invested Capital.

|About: Lennar Corporation (LEN)
Summary

Investors are very fond of the result.

I propose to calculate the potential profit for July.

The forecast were printed on July 1, 2019.

July 8

Short

Volume position 1000 shares.

Position opening: $ 48.40.

$ 48.40 x 1000 shares = $ 48,400. This is the invested capital.

Stop Loss: $ 49.40.

July 9

Position July 8

On my system at the price of $ 47.40, 50% of the position was closed.

$ 48.40 x 1000 shares = $ 48,400

$ 47.40 x 1000 shares = $ 47,400

$ 48,400 - $ 47,400 = $ 1,000. This is 2.06% on invested capital.

We continue to hold the position.

$ 48.40 x 500 shares = $ 24,200

July 10

Closing position on July 8

$ 48.40 x 500 shares = $ 24,200

$ 48.30 x 500 shares = $ 24,150

$ 24,200 - $ 24,150 = $ 50. This is 0.2% on invested capital.

July 12

Short

Volume position 1000 shares.

Position opening: $ 47.95.

$ 47.95 x 1000 shares = $ 47,950. This is the invested capital.

Stop Loss: $ 49.40.

July 15

Position July 12

On my system at the price of $ 47.20, 50% of the position was closed.

$ 47.95 x 1000 shares = $ 47,950.

$ 47.20 x 1000 shares = $ 47,200

$ 47,950 - $ 47,200 = $ 750. This is 1.56% on invested capital.

We continue to hold the position.

$ 47.95 x 500 shares = $ 23,975

July 16

Closing position on July 12

$ 47.95 x 500 shares = $ 23,975

$ 47.65 x 500 = $ 23,825

$ 23,975 - $ 23,825= $ 150. This is 0.62% on invested capital.

July 17

Short

Volume position 1000 shares.

Position opening: $ 47.50.

$ 47.50 x 1000 shares = $ 47,500. This is the invested capital.

Stop Loss: $ 48.20.

On my system at the price of $ 46.90, 50% of the position was closed.

$ 47.50 x 1000 shares = $ 47,500

$ 46.90 x 1000 shares = $ 46,900

$ 47,500 - $ 46,900 = $ 600. This is 1.26% on invested capital.

We continue to hold the position.

$ 47.50 x 500 shares = $ 23,750

July 22

Position July 17

On my system at the price of $ 46.20, 50% of the position was closed.

$ 47.50 x 500 shares = $ 23,750

$ 46.20 x 500 shares = $ 23,100

$ 23,750 - $ 23,100 = $ 650. This is 2.73% on invested capital.

We continue to hold the position.

$ 47.50 x 250 shares = $ 11,875

July 25

Closing position on July 17

$ 47.50 x 250 shares = $ 11,875

$ 47.20 x 250 shares = $ 11,800

$ 11,875 - $ 11,800= $ 75. This is 0.63% on invested capital.

Profit for July.

$ 1,000 + $ 50 + $ 750 + $ 150 + $ 600 + $ 650 + $ 75 = $ 3,275

2.06% + 0.2% + 1.56% + 0.62% + 1.26% + 2.73% + 0.63% = 9.06%

By the way. The position volume could be increased 20 times. This is for this ticker.