thetaOwl
HomeOptionsLRCXReports

LRCX

Lam Research CorporationClose $302.24EOD only
Max Pain
$280.00
Next expiry May 22, 2026
Expected Move
±$9.50
3.1% from close
Price Gap
-22.24
Distance to max pain
IV Rank
66
High premium
P/C OI
1.05
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: May 21, 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
May 21, 2026 close
LRCX AI Consensus Report
Analysis based on market close May 22, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.0

out of 10

5 not 7 because conflicting directional signals and distant earnings reduce conviction; alignment on range is strong but disagreements prevent high-conviction single-direction trade.

Where Perspectives Agree

All personas converge on elevated volatility and gamma pinning near $285 max pain, with dealer support below $240 creating a defined range.

Where They Diverge

Directional expects slight bearish drift while flow is bullish, and theta's short put vertical contradicts directional's bear put spread — these incompatible directional biases undermine a single trade structure.

Top Trade
via directional

Iron Condor: Sell 2026-06-26 $265/$240 put wing and $370/$400 call wing

Key Risk

Break below $240 flips dealer gamma from positive to negative, removing downside support and triggering a selloff to $220.

How to Use These Reports
This ai consensus reflects the market close on May 22, 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.