Lam Research Unusual Options Activity For June 17
Portfolio Pulse from Benzinga Insights
Significant options activity has been observed for Lam Research (NASDAQ:LRCX), with a notable bullish sentiment among deep-pocketed investors. This unusual activity suggests potential upcoming movements in LRCX's stock price. The trading volume and open interest indicate a focus on a price range between $380.0 and $1540.0. Analysts have mixed ratings, with a consensus target price of $1020.0.
June 17, 2024 | 2:01 pm
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Lam Research has seen significant options activity, with a majority of trades being bullish. This suggests potential upward movement in the stock price. Analysts have mixed ratings, with a consensus target price of $1020.0.
The unusual options activity, with a majority of bullish trades, indicates that investors are expecting positive movements in LRCX's stock price. The mixed analyst ratings and the consensus target price of $1020.0 further support this potential upward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100