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
$245/250
Expiration
Dec 4
Target ROI
100.0%
Trade Reasoning
The current stock price of LRCX at $248.68 positions us close to the lower strike of our bull call spread at $245, making this an optimal entry point as we anticipate upward momentum. With no identified technical risk factors, the environment is favorable for a bullish position, allowing us to capitalize on potential price appreciation. The ATM spread structure enhances our risk/reward profile, as the limited risk is offset by significant upside potential, targeting a return of over 94% on winning 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 36
Trade Date Oct 28, 2026

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.