Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $157.50 short put and a strike $152.50 long put offers a potential 19.05% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $157.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $152.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lam Research is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Lam Research is bearish.
The RSI indicator is at 64.71 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
GoDaddy CEO Blake to Retire, Wagner Named as His Successor
Wed, 23 Aug 2017 13:01:01 +0000
GoDaddy Inc. (GDDY) CEO, Blake Irving, will retire at the end of this year. Scott Wagner has been named as his successor.
[$$] Chip Gear Makers Perfect the Earnings Machine
Wed, 23 Aug 2017 04:57:05 +0000
Makers of semiconductor manufacturing equipment are more profitable than ever, which poses an interesting dilemma for investors accustomed to buying low and selling high.
These Two Tech Companies Are Beasts
Tue, 22 Aug 2017 16:43:00 +0000
Micron and Lam Research could jumpstart a massive rally.
Zacks.com featured highlights: Juniper Networks, Cummins, Lam Research Corporation, GATX and Hasbro
Tue, 22 Aug 2017 14:14:02 +0000
Zacks.com featured highlights: Juniper Networks, Cummins, Lam Research Corporation, GATX and Hasbro
Cramer's Stop Trading: Micron and Lam Research breakout c…
Tue, 22 Aug 2017 13:55:00 +0000
CNBC's Jim Cramer explains why he is keeping an eye on shares of Micron and Lam Research.
Related Posts
Also on Market Tamer…
Follow Us on Facebook