Deep-pocketed investors have adopted a bullish approach towards Applied Mat AMAT, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AMAT usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for Applied Mat. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 52% leaning bullish and 41% bearish. Among these notable options, 9 are puts, totaling $508,082, and 8 are calls, amounting to $841,880.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $115.0 to $220.0 for Applied Mat over the recent three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Applied Mat's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Applied Mat's whale trades within a strike price range from $115.0 to $220.0 in the last 30 days.
Applied Mat Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMAT | CALL | TRADE | NEUTRAL | 09/19/25 | $11.3 | $10.9 | $11.1 | $200.00 | $444.0K | 735 | 403 |
| AMAT | CALL | SWEEP | BULLISH | 01/16/26 | $18.85 | $18.65 | $18.8 | $190.00 | $110.9K | 146 | 62 |
| AMAT | PUT | SWEEP | BULLISH | 03/21/25 | $7.3 | $7.15 | $7.15 | $155.00 | $100.8K | 1.1K | 153 |
| AMAT | PUT | TRADE | BEARISH | 01/17/25 | $20.0 | $19.7 | $20.0 | $185.00 | $100.0K | 1.6K | 50 |
| AMAT | CALL | SWEEP | BULLISH | 04/17/25 | $10.9 | $10.65 | $10.9 | $175.00 | $87.2K | 888 | 81 |
About Applied Mat
Applied Materials Inc is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
Having examined the options trading patterns of Applied Mat, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Applied Mat's Current Market Status
- With a volume of 1,007,647, the price of AMAT is down -1.41% at $165.18.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 48 days.
What Analysts Are Saying About Applied Mat
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $194.66666666666666.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Bernstein keeps a Outperform rating on Applied Mat with a target price of $210. * An analyst from Wells Fargo has decided to maintain their Overweight rating on Applied Mat, which currently sits at a price target of $210. * An analyst from Morgan Stanley downgraded its action to Underweight with a price target of $164.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Applied Mat, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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