Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $200.00 short put and a strike $195.00 long put offers a potential 38.89% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $195.00 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 60.04 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
3 Red-Hot Chip Stocks Trading at Bargain Prices
Thu, 24 May 2018 13:32:00 +0000
If you are looking for compelling investing opportunities right now, it's worth taking a closer look at the semiconductor space. Fears of a cyclical downturn have kept chip stock valuations under wraps, but the Street is convinced that these concerns are unfairly exaggerated. All three stocks below have a ‘Strong Buy' analyst consensus rating, based only on ratings from the last three months.
Why Micron Was Tepper’s Top Buy in Q1 2018
Wed, 23 May 2018 19:10:02 +0000
David Tepper’s Appaloosa Management’s top buys in the first quarter were Micron Technology (MU), Lam Research (LRCX), Wells Fargo (WFC), UBS (UBS), and Allergan (AGN), changing its holdings by 8.5%, 2.7%, 1.6%, 1.3%, and 1.1%, respectively.
Is Lam Research Corporation’s (NASDAQ:LRCX) Balance Sheet A Threat To Its Future?
Tue, 22 May 2018 17:31:17 +0000
There are a number of reasons that attract investors towards large-cap companies such as Lam Research Corporation (NASDAQ:LRCX), with a market cap of US$32.07B. Doing business globally, large caps tendRead More…
4 Notable Dividend Increases From the Past Week — Including Lam Research Corproation
Mon, 21 May 2018 18:26:58 +0000
The S&P 500 Index ended a fairly quiet week nearly unchanged last week. With a fundamentally strong earnings season wrapping up, several businesses delivered additional good news in the form of payout raises.
5 Chipmakers Set to Soar as Trump Keeps Trade War on Hold
Mon, 21 May 2018 17:30:00 +0000
U.S. tech companies can finally breathe easy, at least for the time being. U.S. Treasury Secretary Steve Mnuchin on Sunday said that the U.S.-China trade conflict has been put on hold. This certainly is good news for U.S. tech companies, particularly chipmakers, which have been reeling under pressure since the two countries sparked fears of a trade war by imposing tariffs and counter tariffs on imports from the two countries.
Related Posts
Also on Market Tamer…
Follow Us on Facebook