Market Whales and Their Recent Bets on LRCX Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a significant interest in Lam Research (LRCX) options, with a balanced sentiment of 50% bullish and 50% bearish. The options activity suggests a price target range of $725.0 to $1240.0. Lam Research, a leading semiconductor equipment manufacturer, has seen its stock price increase by 1.37%, with an RSI indicating potential overbought conditions. Analysts have mixed views, with an average price target of $957.5, ranging from $900 to $1130.
March 06, 2024 | 6:16 pm
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Lam Research has seen significant options activity with a mixed sentiment among investors. The stock is up 1.37%, but RSI indicators suggest it may be overbought. Analysts have mixed opinions, with price targets ranging from $900 to $1130.
The significant options activity and the balanced bullish and bearish sentiment among investors indicate uncertainty, which could lead to short-term volatility in LRCX's stock price. The current price increase and potential overbought condition, combined with mixed analyst ratings, suggest a neutral short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100