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Oct 16, 2023 9:40 PM

LRCX Lam Research Corporation Options Ahead of Earnings Long

Lam Research CorporationNASDAQ

Description

Analyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week,
I would consider purchasing the 650usd strike price at the money Calls with
an expiration date of 2023-10-20,
for a premium of approximately $20.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Comments
kge888
buy puts instead. looks bear in store.
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