Lam Research Corporation (LRCX)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 09:39 UTC · Figures derived from the full chain (2,174 contracts, 16 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±14.6% (range 226.78–304.23) by Nov 20, 2026. ATM straddle: 38.73 @ strike 270 · ATM IV: 58.4%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 238.95 | -10% | 70.0% | 30.0% |
| 252.22 | -5% | 58.3% | 41.7% |
| 265.50 | +0% | 46.6% | 53.4% |
| 278.78 | +5% | 35.6% | 64.4% |
| 292.05 | +10% | 26.2% | 73.8% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 23, 2026 | 4 | ±8.1% | 73.7% | 26.8K |
| Oct 30, 2026 | 11 | ±10.3% | 65.9% | 19.4K |
| Nov 06, 2026 | 18 | ±11.9% | 62.4% | 5,286 |
| Nov 13, 2026 | 25 | ±13.2% | 60.0% | 2,300 |
| Nov 20, 2026 | 32 | ±14.6% | 58.4% | 51.8K |
| Nov 27, 2026 | 39 | ±15.2% | 56.4% | 840 |
| Dec 18, 2026 | 60 | ±18.3% | 54.9% | 98.6K |
| Jan 15, 2027 | 88 | ±21.4% | 53.9% | 152.4K |
| Feb 19, 2027 | 123 | ±25.1% | 53.4% | 1,516 |
| Mar 19, 2027 | 151 | ±27.8% | 53.8% | 42.3K |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 200 P · 7,350210 P · 6,883250 P · 6,334280 P · 6,279270 P · 4,547
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 93 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 57.0% of the time.
Past earnings reactions
Avg |reaction| 5.4% · median 4.6% (20 reports). Two-session close-to-close window; definition
About Lam Research Corporation
Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal
Technology · Semiconductors · NASDAQ · Profile: Financial Modeling Prep
LRCX news
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