Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 7.53% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $70.00 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 71.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lam Research
Jim Cramer Says Lam Research Is a Star, Likes Nike Over Skechers
Wed, 23 Mar 2016 19:07:00 GMT
Jim Cramer Says Applied Materials Is Cheap, But Own Lam Research
Wed, 23 Mar 2016 18:17:00 GMT
Jim Cramer: Skip Applied Materials (AMAT) Stock, Buy Lam Research
Wed, 23 Mar 2016 17:53:00 GMT
TheStreet – TheStreet’s Jim Cramer discusses his thoughts about two stocks: Applied Materials (AMAT) and Lam Research (LRCX).
LAM RESEARCH CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
Wed, 16 Mar 2016 20:03:23 GMT
3 Attractive Income Stocks Whose Dividends Could Double
Tue, 15 Mar 2016 12:19:00 GMT
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