Lam Research Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Lam Research (NASDAQ:LRCX), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 13 uncommon options trades, with 38% bullish and 61% bearish sentiment. The targeted price range for Lam Research over the last 3 months is $400 to $720.
May 22, 2023 | 4:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A large investor has taken a bearish stance on Lam Research (NASDAQ:LRCX) with unusual options activity. The overall sentiment is 38% bullish and 61% bearish, targeting a price range of $400 to $720.
The unusual options activity indicates that a large investor is taking a bearish stance on Lam Research, which could potentially impact the stock price in the short term. The overall sentiment being 61% bearish suggests that there is a higher probability of the stock price going down. The targeted price range of $400 to $720 also provides an indication of the expected price movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100