Deep-pocketed investors have adopted a bearish approach towards Lam Research LRCX, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LRCX usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Lam Research. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 30% leaning bullish and 40% bearish. Among these notable options, 12 are puts, totaling $585,068, and 8 are calls, amounting to $1,196,232.
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 $54.0 to $164.0 for Lam Research over the last 3 months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Lam Research stands at 793.58, with a total volume reaching 4,701.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Lam Research, situated within the strike price corridor from $54.0 to $164.0, throughout the last 30 days.
Lam Research Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LRCX | CALL | TRADE | BEARISH | 06/20/25 | $5.45 | $5.15 | $5.25 | $85.00 | $787.5K | 627 | 1.5K |
| LRCX | CALL | SWEEP | BULLISH | 02/21/25 | $8.85 | $8.75 | $8.85 | $68.00 | $172.5K | 72 | 0 |
| LRCX | PUT | TRADE | NEUTRAL | 01/03/25 | $10.95 | $10.75 | $10.84 | $85.00 | $54.2K | 0 | 350 |
| LRCX | PUT | SWEEP | BULLISH | 01/16/26 | $93.7 | $89.65 | $90.05 | $164.00 | $54.0K | 0 | 6 |
| LRCX | PUT | TRADE | NEUTRAL | 01/03/25 | $11.15 | $10.4 | $10.8 | $85.00 | $54.0K | 0 | 200 |
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.
Lam Research's Current Market Status
- With a trading volume of 2,523,239, the price of LRCX is up by 0.7%, reaching $74.35.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 27 days from now.
What The Experts Say On Lam Research
3 market experts have recently issued ratings for this stock, with a consensus target price of $82.0.
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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 persists with their Equal-Weight rating on Lam Research, maintaining a target price of $83. * An analyst from Bernstein has decided to maintain their Market Perform rating on Lam Research, which currently sits at a price target of $85. * Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Lam Research with a target price of $78.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Lam Research options trades with real-time alerts from Benzinga Pro.
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