Mixed options sentiment in Lam Research (LRCX), with shares up $6.96, or 2.91%, near $246.54. Options volume running well above average with 91k contracts traded and calls leading puts for a put/call ratio of 0.98, compared to a typical level near 1.13. Implied volatility (IV30) dropped 4.6 near 56.74,in the top quartile of the past year, suggesting an expected daily move of $8.81. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Summit Insights.The company announced earnings after the close on 2026-01-28with option markets having priced in a move of approximately 8.42%.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LRCX:
- Lam Research price target raised to $275 from $255 at UBS
- Lam Research price target raised to $290 from $170 at TD Cowen
- Lam Research price target raised to $290 from $260 at RBC Capital
- Lam Research price target raised to $290 from $260 at Deutsche Bank
- Lam Research price target raised to $285 from $245 at BofA