Looking At Lam Research's Recent Unusual Options Activity

Looking At Lam Research's Recent Unusual Options Activity

Someone with a lot of money to spend has taken a bearish stance on Lam Research (NASDAQ:LRCX).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with LRCX, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 12 uncommon options trades for Lam Research.

This isn't normal.

The overall sentiment of these big-money traders is split between 16% bullish and 83%, bearish.

Out of all of the …

Full story available on Benzinga.com