Lam Research (LRCX) Offering Possible 6.38% Return Over the Next 9 Calendar Days

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Lam Research’s most recent trend suggests a bearish bias. One trading opportunity on Lam Research is a Bear Call Spread using a strike $157.50 short call and a strike $162.50 long call offers a potential 6.38% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $157.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $162.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Lam Research is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Lam Research is bearish.

The RSI indicator is at 45.37 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Lam Research

Lam Research Corporation Declares Quarterly Dividend
Mon, 07 Aug 2017 20:05:00 +0000
FREMONT, Calif., Aug. 07, 2017– Lam Research Corporation today announced that its Board of Directors has approved a quarterly dividend of $0.45 per share of common stock. On an annualized basis, this …

Trend Is Still Up for Lam Research
Mon, 07 Aug 2017 19:39:00 +0000
It’s in the middle of its recent range.

Themes That Strike a Chord: Global Week Ahead
Mon, 07 Aug 2017 12:50:12 +0000
“August Angst,” a weaker U.S. dollar, strong dollar stocks and the Tech sector’s drive all are worth paying attention to for investors this week.

Earnings Review and Free Research Report: Lam Research’s Revenue Soared 51%; EPS Rocketed 93%
Mon, 07 Aug 2017 11:00:00 +0000
Research Desk Line-up: KLA-Tencor Post Earnings Coverage LONDON, UK / ACCESSWIRE / August 7, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Lam Research Corp. (NASDAQ: LRCX …

If Dollar Remains Weak, Bet on These ETFs & Stocks
Fri, 04 Aug 2017 15:15:03 +0000
Though the dollar index moved higher from a 15-month low against the basket of major currencies following the upbeat July job data report, it is down nearly 9% in the year-to-date timeframe.

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