A financial giant has made a conspicuous bullish move on Applied Mat. Our analysis of options history for Applied Mat AMAT revealed 11 unusual trades. Delving into the details, we found 54% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $285,055, and 4 were calls, valued at $128,665.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $165.0 for Applied Mat over the recent three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Applied Mat stands at 1499.14, with a total volume reaching 606.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Applied Mat, situated within the strike price corridor from $100.0 to $165.0, throughout the last 30 days.
Applied Mat 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AMAT | PUT | TRADE | BULLISH | 12/15/23 | $140.00 | $50.3K | 1.1K | 119 |
| AMAT | PUT | SWEEP | BULLISH | 06/21/24 | $145.00 | $49.9K | 728 | 67 |
| AMAT | PUT | SWEEP | BULLISH | 06/21/24 | $145.00 | $48.3K | 728 | 5 |
| AMAT | PUT | SWEEP | BULLISH | 06/21/24 | $145.00 | $45.2K | 728 | 140 |
| AMAT | CALL | TRADE | NEUTRAL | 11/17/23 | $100.00 | $41.6K | 14 | 11 |
Present Market Standing of Applied Mat
- Trading volume stands at 2,431,459, with AMAT's price down -0.28%, positioned at $139.97. RSI indicators show the stock to be may be approaching overbought. Earnings announcement expected in 9 days.
Expert Opinions on Applied Mat:
- Needham has elevated its stance to Buy, setting a new price target at $180.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Applied Mat options trades with real-time alerts from Benzinga Pro.
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