Quantchabot has detected a new Bear Call Spread trade opportunity for LAM RESEARCH (LRCX) for the 31-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
LRCX was recently trading at $372.38 and has an implied volatility of 80.94% for this period. Based on an analysis of the options available for LRCX expiring on 31-Jul-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $287.22-$373.86 at expiration. In this scenario, the average linear return for the trade would be 27.98%.
Big -9.07% Change: After closing the last trading session at $409.54, LAM RESEARCH opened today at $369.70 and has reached a low of $365.26.
Trade approach: A movement as big as -9.07% is a significantly bearish indicator, so this trade is designed to be profitable if LRCX maintains its current direction and does not revert back to pricing on the bullish side of $372.38 on 31-Jul-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if LAM RESEARCH closes at or below $373.90 on 31-Jul-2026. Based on our risk-neutral analysis, there is a 50.02% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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