Options Corner: LITE Surges 150% in 2026 on AI Demand

By Schwab Network

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Lumentum (LITE) has become a critical company in the development of AI, and investors took notice by helping the stock rally over 150% since the start of 2026. Rick Ducat takes investors through the key support and resistance levels to watch amid the stunning rise of shares over the last nine months. He turns to an example options trade for Lumentum. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on Di

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