Lam Research Inc. (LRCX) stock has been on a tear, but that has also raised LTCX put option premiums. An investor can short an out-of-the-money put (17% lower strike price) for a 6% yield over 2 months.
LRCX rose over 5.2% on Monday, June 22, closing at $409.54. Moreover, in the last two weeks, since June 5, the stock is up 35% from a recent trough of $303.28.
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LRCX rose over 5.2% on Monday, June 22, closing at $409.54. Moreover, in the last two weeks, since June 5, the stock is up 35% from a recent trough of $303.28.
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Marvell Technology Stock Has Skyrocketed, But Could MRVL Be Worth 24% More?
Accenture PLC Has Huge Unusual Put and Call Options Activity After Lower Guidance
2 months ago