Home Options LRCXReports

LRCX

Lam Research CorporationClose $369.34EOD only

Max Pain

$270.00

Next expiry Jun 18, 2026

Expected Move

±$17.65

4.8% from close

Price Gap

-99.34

Distance to max pain

IV Rank

High premium

P/C OI

1.18

Slightly put-heavy

Consensus

7.0/10

Bullish tilt

Published snapshot: Jun 16, 2026 close

End-of-day snapshot

This page reflects LRCX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 16, 2026 close

LRCX Flow Report

Analysis based on market close June 17, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 10.9% from MP; +0.5 VIX 18

Watch next session: Price action relative to $340; Changes in put/call volume ratio

Flow Summary

Net premium: +$720.0M bullish

P/C volume ratio: 0.45

P/C OI ratio: 1.33

Heavy call premium and positive GEX indicate bullish positioning despite broad market weakness. Unusual prints show aggressive long-dated call buying and low-strike put selling. Regime confirms bullish flow with gamma pinning above $340.

Notable Prints

LRCX 2026-06-18 $125.00 Put

Vol: 2,383

OI: 297

Vol/OI: 8.0x

IV: 517.2%

Notional: ~$2K

Intent: Lottery speculation

Dual read: Hedge if holding short

Read-through: Bearish wager

LRCX 2026-12-18 $140.00 Put

Vol: 4,034

OI: 653

Vol/OI: 6.2x

IV: 85.2%

Notional: ~$1.6M

Intent: Tail hedge or bearish bet

Dual read: Long-term put purchase

Read-through: Expects downside over 6mo

LRCX 2026-07-17 $480.00 Call

Vol: 2,086

OI: 401

Vol/OI: 5.2x

IV: 76.3%

Notional: ~$1.2M

Intent: Bullish speculation

Dual read: Covered call write?

Read-through: Anticipates rebound

LRCX 2026-06-18 $250.00 Call

Vol: 514

OI: 124

Vol/OI: 4.2x

IV: 342.0%

Notional: ~$6.2M

Intent: Closing/exercise

Dual read: High IV suggests assignment

Read-through: Neutral delta adjustment

LRCX 2026-06-18 $355.00 Put

Vol: 435

OI: 131

Vol/OI: 3.3x

IV: 74.6%

Notional: ~$74K

Intent: Hedge or small bearish

Dual read: Near expiry pinning play

Read-through: Short-term risk

Institutional Positioning

Call additions: Bullish call additions on $480, $290, $250 strikes with high vol/oi.

Put additions: Heavy put additions on deep OTM strikes ($125, $140, $71) for hedging.

GEX/DEX consistency: GEX +$22.3M, DEX +20.9M shares, consistent bullish flow and pinning.

OI clusters: Put OI dominates (1.33 ratio), concentrated at lower strikes; call OI at $480.

Hedging evidence: Deep OTM put buying indicates hedging; call buying on upside pure bullish.

Max pain context: Spot 10.9% above MP, gamma pinning, positive GEX supports pinning.

Signal vs Noise

~Net premium +$720M (signal)

~Call volume ratio 0.45 (signal)

~Put OI ratio 1.33 (noise)

~Deep OTM puts may be noise/hedging

~VIX 18 elevated but not extreme

Key Conclusions

📈Bullish flow with large net premium and call volume dominance.

🛡️Deep OTM put buying suggests hedging, not directional bearish.

📌Positive GEX/DEX and pinning near $340 support spot.

How to Use These Reports

This flow reflects the market close on June 17, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.