tiprankstipranks

Lam Research call volume above normal and directionally bullish

Bullish option flow detected in Lam Research (LRCX) with 14,429 calls trading, 1.4x expected, and implied vol increasing over 5 points to 50.80%. Jan-27 78 calls and 1/31 weekly 90 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.55. Earnings are expected on January 29th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue