Market Whales and Their Recent Bets on LRCX Options
Portfolio Pulse from Benzinga Insights
Whales have shown a bearish stance on Lam Research (LRCX), with 70% of recent trades being bearish. Significant investors predict a price range of $600-$950 for LRCX in the next three months. Notable options activity includes both bullish and bearish sentiments with varying strike prices and expiration dates. Lam Research, a leading semiconductor equipment manufacturer, has seen its stock price slightly increase, with analysts giving mixed ratings and target prices ranging from $900 to $975.
February 15, 2024 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Whales' bearish bets and analysts' mixed ratings suggest volatility for LRCX. Price targets range from $900 to $975, indicating potential upside.
The bearish stance by whales, combined with the mixed analyst ratings, suggests uncertainty and potential volatility for LRCX's stock price. However, the price targets provided by analysts, which are mostly above the current price, indicate a potential upside. The significant investment in both bullish and bearish options also points to a divided sentiment among investors, making the short-term impact neutral as the market digests these differing viewpoints.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100