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Lam Research call volume above normal and directionally bullish

Lam Research call volume above normal and directionally bullish

Bullish option flow detected in Lam Research (LRCX) with 14,429 calls trading, 1.4x expected, and implied vol increasing over 5 points to 50.80%. Jan-27 78 calls and 1/31 weekly 90 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.55. Earnings are expected on January 29th.

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