Lam Research Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Lam Research has seen unusual options activity with a bullish stance from investors. 56% of trades were bullish, with significant call options activity. The stock is currently trading at $72.39, down 0.62%, and is approaching oversold territory. Analysts have given mixed ratings with price targets ranging from $880 to $1000.
October 22, 2024 | 3:30 pm
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Lam Research has experienced a surge in bullish options activity, with 56% of trades being bullish. The stock is currently trading at $72.39, down 0.62%, and is nearing oversold territory. Analysts have mixed ratings with price targets between $880 and $1000.
The unusual options activity with a majority of bullish trades suggests positive sentiment among investors. The stock's current price and RSI indicate it may be oversold, potentially leading to a price increase. Analysts' price targets also suggest potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100