Lam Research (LRCX) Offering Possible 10.99% Return Over the Next 23 Calendar Days

Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 10.99% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $0.99 would be kept by the premium seller. The risk of $9.01 would be incurred if the stock dropped below the $125.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lam Research is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Lam Research is bullish.

The RSI indicator is at 38.85 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Lam Research

Lam Research (LRCX) Dips More Than Broader Markets: What You Should Know
Mon, 22 Oct 2018 21:45:09 +0000
In the latest trading session, Lam Research (LRCX) closed at $144.27, marking a -0.64% move from the previous day.

Lam Research Reports Weak First Quarter, but Is Buying Back Tons of Stock
Mon, 22 Oct 2018 19:40:00 +0000
Lam's first-quarter results were uninspiring, but management is making shareholder-friendly moves.

Recent Analysis Shows Crestwood Equity Partners LP, The Goldman Sachs Group, Lam Research, RYB Education, Inc. Sponsored ADR, Ecolab, and LivaNova Market Influences — Renewed Outlook, Key Drivers of Growth
Mon, 22 Oct 2018 11:55:00 +0000
NEW YORK, Oct. 22, 2018 — In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

See what the IHS Markit Score report has to say about Lam Research Corp.
Sat, 20 Oct 2018 12:05:47 +0000
Lam Research Corp NASDAQ/NGS:LRCX

The Zacks Analyst Blog Highlights: AstraZeneca, salesforce, Mastercard, Lam Research and Koninklijke
Fri, 19 Oct 2018 14:01:02 +0000
The Zacks Analyst Blog Highlights: AstraZeneca, salesforce, Mastercard, Lam Research and Koninklijke

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