Good day to check out who’s NOT down: TSLA, NVDA, LLY, MRK, UNH, CVS, DHI, LEN, PYPL, PEP, PM, KO, CL, PG, GIS, NFLX, JNJ.

Given that list, I’d say DHI and LEN are both good candidates for the LTP. KBH is up too and has earnings on Thursday. They are all under 10x so let’s talk debt:

LEN $1.4Bn/3.5Bn profits. DHI $3.5Bn/$3.8Bn. KBH $465M/1.5Bn – so they are out.

Yep, so LEN and DHI look good, both about the same size and both around $120. The options are a bit better for LEN, so:

In the LTP, let’s add LEN as follows:

• • Sell 5 LEN Dec 2025 $90 puts for $9 ($4,500)
  • Buy 10 LEN Dec 2025 $100 calls for $40 ($40,000)
  • Sell 10 LEN Dec 2025 $120 calls for $30 ($30,000)

That’s net $5,500 on the $20,000 spread with $14,500 (263%) upside potential if LEN can simply hold $120 for 30 months.

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