LRCX
Lam Research
Rating 4.3 / 5 Recommendation Open trade

Credit put spread analysis · · Good setup

IV Rank
68
Implied volatility percentile
Trend
0.40
Long-term trend score
Safety
5/9
Quality checks passed
Drop
-5.9%
Day 5 of drop
1Y Change
10.9%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The stock has dropped 5. 94% recently, showing increased volatility which is beneficial for options trading. With 10.

9% growth over 2 months, an upward trend of 40%, and safety rating of 5/9, this could be a good opportunity for a credit put spread. For a sell strike, I recommend 5-15% below the current stock price, so around $189. 92 - $201.

58. This strike price should be low enough to consider the recent volatility but high enough to maintain a reasonable probability of success. For the buy strike, aim for a 5-10% lower price point than the sell strike, around $170.

72 - $183. 42. This strike width provides a balance between risk and reward.

With a current IV of 68% and the absence of a reversal signal, this trade leans towards 'OPEN'. However, it's advised to observe the stock's development in the short-term to ensure this downward trend persists before executing the credit put spread.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Apr 9, 2026.

Sell
$190.00
Short put (collects premium)
Buy
$175.00
Long put (caps risk)
Width
$15.00
Estimated credit
$5.50
Max risk
$9.50
Return on risk
57.9%
Expiration
Apr 9, 2026

For entertainment purposes only. Not a recommendation to trade. Disclaimer.

Trade history on LRCX

Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.

OpenedStrikes (S/B)ExpirationCreditP/LOutcome
Mar 3, 2026 $190.00/$175.00 Apr 9, 2026 $5.50 $0.82 Win · price_increase