LRCX

LRCX

Lam Research Corp
Semiconductors
$240.85 +1.42% As of Oct 28, 2:34 AM
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Trade Idea

Strategy
Bull Call
Strikes
$295/300
Expiration
Oct 9
Target ROI
100.0%
Trade Reasoning
Given that LRCX is currently trading just below the higher strike at $299.48, entering a Bull Call Spread with strikes at $295 and $300 is favorable as it positions us for a small upward movement. The absence of technical risk factors further supports this entry point, reducing potential downside concerns. The ATM spread structure maximizes our risk/reward, allowing for profit while limiting exposure to losses, which aligns with Maya's disciplined approach to managing trades. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

LRCX Tests Lower Support as EMAs Roll Over at $240.85

Bearish
Oct 28, 2026 at 2:34 AM • $240.85 (+1.42%)

The stock of Lam Research Corp (LRCX) climbed 1.42% to close at $240.85 on October 28.

Technical indicators paint a bearish picture:

Momentum RSI at 31.2 is showing no strong directional bias. MACD is bearish (-19.76 vs signal -12.57).
Moving Averages The stock trades below its 9-day EMA ($254.35) with the 21-day ($276.67) acting as overhead resistance.
Volatility Bollinger Band width at 54.1% indicates normal volatility.

While EMAs remain bearish, the oversold RSI reading hints at potential support around $213.00.

Support sits at $213.00 with resistance at $370.88.

LRCX Fails to Reclaim Moving Averages Near $240.85

Bearish
Oct 27, 2026 at 9:02 PM • $240.85 (+1.42%)

LRCX RSI Screams Oversold at $237.50

Bullish
Oct 27, 2026 at 1:26 AM • $237.50 (+3.22%)

LRCX Approaches Technical Support as RSI Dips at $237.50

Bullish
Oct 26, 2026 at 9:02 PM • $237.50 (+3.22%)

Technical Washout Creates LRCX Opportunity at $230.10

Bullish
Oct 25, 2026 at 1:01 AM • $230.10 (-0.03%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -19
Trade Date Sep 10, 2026

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LRCX $245-$250 Bull Call
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LRCX $300-$305 Bull Call
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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.