Lam Research Corp
Lam Research Corp (LRCX) Covered Calls
As of September 28, 2026, LRCX has 378 covered call opportunities in the coming three months. Return ranges from 2.9 to 100.3% until expiration. Annualized return ranges from 17.0 to 2,482.7%. The nearest expiration is October 2, 2026. Maximum potential profit is $31,543.
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Running LRCX covered calls helps you generate consistent income from Lam Research Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Lam Research Corp involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best LRCX covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if LRCX stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling LRCX covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Lam Research Corp covered call is worth writing.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions.
In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Income-focused investors, long-term LRCX holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling LRCX covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Lam Research Corp covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustrySemiconductor Equipment & Materials
- SectorTechnology
- IV percentile80.56% Elevated
- Market cap (M$)393,535
- 52 weeks high-28.29%
- 52 weeks low140.40%
- Analyst recommendationStrong Buy
1.41 - Target price$382.58
21.66% above the current stock price - Dividend—
- Payout ratio18.05%
- Earnings date2026-10-21
- P/E54.56
- Future P/E26.41
- EPS (ttm)5.76
- EPS growth next 5 years34.06%
As of September 28, 2026
| 2026-10-02 | 4 | 400.00 | 27.20 | 0.03 | 0.05 | 8556.00 | 27.21 | 2482.70 | -0.01 | +0.00 | 219 | 0.02 |
| 2026-10-02 | 4 | 390.00 | 24.02 | 0.07 | 0.11 | 7560.00 | 24.04 | 2193.69 | -0.02 | +0.01 | 93 | 0.04 |
| 2026-10-02 | 4 | 380.00 | 20.84 | 0.01 | 0.35 | 6554.00 | 20.84 | 1901.78 | -0.00 | +0.02 | 230 | 0.34 |
| 2026-10-02 | 4 | 367.50 | 16.86 | 0.20 | 0.34 | 5323.00 | 16.93 | 1544.58 | -0.06 | +0.03 | 5 | 0.14 |
| 2026-10-02 | 4 | 365.00 | 16.07 | 0.14 | 0.44 | 5067.00 | 16.11 | 1470.30 | -0.04 | +0.03 | 17 | 0.30 |
| 2026-10-02 | 4 | 360.00 | 14.48 | 0.24 | 0.66 | 4577.00 | 14.55 | 1328.11 | -0.08 | +0.05 | 760 | 0.42 |
| 2026-10-02 | 4 | 357.50 | 13.68 | 0.41 | 0.65 | 4344.00 | 13.81 | 1260.50 | -0.13 | +0.05 | 3 | 0.24 |
| 2026-10-02 | 4 | 355.00 | 12.89 | 0.55 | 0.77 | 4108.00 | 13.06 | 1192.02 | -0.17 | +0.06 | 133 | 0.22 |
| 2026-10-02 | 4 | 352.50 | 12.09 | 0.62 | 0.91 | 3865.00 | 12.29 | 1121.51 | -0.20 | +0.07 | 20 | 0.29 |
| 2026-10-02 | 4 | 350.00 | 11.30 | 0.83 | 1.04 | 3636.00 | 11.56 | 1055.06 | -0.26 | +0.09 | 626 | 0.21 |
As of September 28, 2026
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