LRCX Lam Research Corporation Options Ahead of Earnings

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If you haven`t bought LRCX before the previous earnings:
LRCX Lam Research Corporation Options Ahead of Earnings


Then 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 880usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $34.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade fermée: cible de profit atteinte
LRCX traded at $929 after earnings, and the calls went up from $34.05 (when I wrote this article) to $62.75 at the close today (higher intraday), for about 85 gain!
Fundamental AnalysisTechnical IndicatorslamresearchLRCXoptionchainoptionexpiryoptionsplayoptionstradeoptions-tradingoptionstrategyoptiontraderTrend Analysis

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