Lam research stock price options skew shows more demand for

Options skew shows more demand for out-of-the-money calls on Lam Research stock price, reinforcing bullish bias in the derivatives market. Lam Research scores just 2/6 on our valuation checks. See what other red flags we found in the full valuation breakdown . That's about 8% worse than Wall Street was expecting. Investors are now worried that the same thing might happen to Lam's stock. Seeing as though, at 26 times earnings, Lam stock is already not cheap, it might be time to sell . Comparing to the Philadelphia Semiconductor Index, Lam Research stock price has outperformed by 3.4% over the past month, enhancing relative strength.