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Barchart
Barchart
Mark R. Hake, CFA

Investors Love Lam Research Stock - Shorting OTM Puts in Huge, Unusual Volume

Investors have pushed Lam Research Corp (LRCX) stock sky-high as its free cash flow and semiconductor equipment revenue surge. A Barchart report shows investors piling into out-of-the-money LRCX put options.

LRCX is down today at $316.41, off 2.0% today, but it's still up 60% since the end of March (i.e., $199.93 on March 30).

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