Lam Research's most recent trend suggests a bullish bias. One trading opportunity on Lam Research is a Bull Put Spread using a strike $260.00 short put and a strike $255.00 long put offers a potential 7.53% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $260.00 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 $255.00 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 43.52 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
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Wed, 20 May 2020 08:10:08 +0000
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Lam Research Corporation Announces Participation at Upcoming Conference
Tue, 19 May 2020 20:05:10 +0000
FREMONT, Calif., May 19, 2020 — Lam Research Corporation (Nasdaq: LRCX) today announced its participation at an upcoming investor event: Wednesday, May 27, 2020 at 4:30 p.m..
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Tue, 19 May 2020 12:54:12 +0000
The Zacks Analyst Blog Highlights: Apple, Taiwan Semiconductor, Applied Materials, KLA and Lam Research
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