Lam Research Unusual Options Activity For January 31 - Lam Research (NASDAQ:LRCX)

High-rolling investors have positioned themselves bullish on Lam Research (NASDAQ:LRCX), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in LRCX often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 11 options trades for Lam Research. This is not a typical pattern.

The sentiment among these major traders is split, with 63% bullish and 18% bearish. Among all the options we identified, there was one put, amounting to $30,710, and 10 calls, totaling $583,704.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.5 to $86.0 for Lam Research over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Lam Research's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Lam Research's whale trades within a strike price range from $75.5 to $86.0 in the last 30 days.

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	CALL	SWEEP	BULLISH	06/20/25	$10.0	$9.9	$9.95	$80.00	$159.2K	666	198
LRCX	CALL	SWEEP	BEARISH	01/31/25	$1.97	$1.37	$1.58	$81.00	$79.5K	3.9K	13
LRCX	CALL	SWEEP	NEUTRAL	01/31/25	$1.65	$1.29	$1.45	$81.00	$74.5K	3.9K	1.3K
LRCX	CALL	TRADE	BULLISH	06/20/25	$10.0	$9.85	$9.95	$80.00	$59.7K	666	61
LRCX	CALL	TRADE	BULLISH	06/20/25	$10.0	$9.9	$10.0	$80.00	$50.0K	666	271

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.

Following our analysis of the options activities associated with Lam Research, we pivot to a closer look at the company's own performance.

Present Market Standing of Lam Research

Currently trading with a volume of 2,313,763, the LRCX's price is up by 2.84%, now at $83.02.
RSI readings suggest the stock is currently may be approaching overbought.
Anticipated earnings release is in 82 days.

Expert Opinions on Lam Research

5 market experts have recently issued ratings for this stock, with a consensus target price of $89.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Lam Research with a target price of $75. * Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Lam Research, targeting a price of $85. * Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $90. * An analyst from Cantor Fitzgerald has elevated its stance to Overweight, setting a new price target at $100. * Showing optimism, an analyst from Keybanc upgrades its rating to Overweight with a revised price target of $95.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Lam Research, Benzinga Pro gives you real-time options trades alerts.

LRCXLam Research Corp

$315.00-0.67%

Overview

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