Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 12.36% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $67.50 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 52.77 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 Announces Supplier Excellence Awards
Mon, 27 Oct 2014 20:05:00 GMT
Marketwired – Lam Research Corp. , a major global provider of innovative wafer fabrication equipment and services to the semiconductor industry, today announced it has recognized six companies with Supplier Excellence …
Lam Research Beats on Q1 Earnings, Revenues Increase Y/Y
Fri, 24 Oct 2014 16:00:02 GMT
Sterne Agree: Lam Research Outlook Bodes Well For Chip Makers
Thu, 23 Oct 2014 18:21:53 GMT
Pisani's market open: Lower oil impact
Thu, 23 Oct 2014 13:40:00 GMT
Lam Research Slips: FYQ1 Beats, Q2 View Light
Wed, 22 Oct 2014 21:19:00 GMT
Barrons.com – Shares of chip equipment vendor Lam Research (LRCX) are down $2.02, or almost 3%, at $69.85, in late trading, after the company this afternoon reported fiscal Q1 revenue that met analysts' expectations, and beat on the bottom line, but forecast this quarter's revenue and earnings below consensus. For the current quarter, the company sees revenue of $1.18 billion to $1.28 billion, and earnings per share in a range of $1.05 to $1.19. CEO Martin Anstice called the results “strong,”continuing what he said was the company's “theme of outperformance relative to the semiconductor equipment industry.” We are executing on the tremendous opportunity in front of us as key technology inflections in areas like multi-patterning, FinFET, 3DNAND and advanced packaging drive a multi-year, significant expansion in our served market. Deferred revenue at quarter's end was $356.8 million, down from $361.2 million in June.
Related Posts
Also on Market Tamer…
Follow Us on Facebook