Free Trade of the Day

Notes: Lennar (LEN) is set to announce Q3 earnings on Monday, September 16th.

Buy the (LEN) Aug. $33/$36 Put Spread for a $0.90-$1.00 debit

Stop loss- $0.50

Upside target- $2.50-$3.00

Updates: L-3 Communications (LLL) shares broke out above resistance, rising 1.83% on the day. Shares of Altria Group (MO) continued the run higher, adding 0.64%.

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