Lam Research Unusual Options Activity - Lam Research (NASDAQ:LRCX)

Whales with a lot of money to spend have taken a noticeably bullish stance on Lam Research.

Looking at options history for Lam Research (NASDAQ:LRCX) we detected 30 trades.

If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 8 are puts, for a total amount of $911,253 and 22, calls, for a total amount of $1,493,298.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $57.0 to $98.0 for Lam Research over the last 3 months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Lam Research's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Lam Research's significant trades, within a strike price range of $57.0 to $98.0, over the past month.

Lam Research Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
LRCX	PUT	SWEEP	BULLISH	06/20/25	$4.4	$4.15	$4.15	$59.00	$328.7K	244	1.0K
LRCX	CALL	TRADE	BULLISH	02/21/25	$9.3	$8.7	$9.19	$70.00	$229.7K	84	250
LRCX	PUT	SWEEP	BULLISH	06/20/25	$5.1	$4.95	$4.95	$62.00	$225.7K	110	500
LRCX	CALL	TRADE	BULLISH	12/20/24	$6.4	$6.05	$6.3	$71.00	$157.5K	44	0
LRCX	CALL	SWEEP	NEUTRAL	10/25/24	$4.45	$4.2	$4.2	$70.00	$126.0K	1.0K	303

About Lam Research

Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.

Having examined the options trading patterns of Lam Research, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of Lam Research

Currently trading with a volume of 4,240,865, the LRCX's price is down by -0.62%, now at $72.39.
RSI readings suggest the stock is currently may be approaching oversold.
Anticipated earnings release is in 1 days.

What The Experts Say On Lam Research

2 market experts have recently issued ratings for this stock, with a consensus target price of $940.0.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on Lam Research, which currently sits at a price target of $880. * An analyst from Cantor Fitzgerald persists with their Neutral rating on Lam Research, maintaining a target price of $1000.

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LRCXLam Research Corp

$294.840.27%

Overview

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