Applied Mat Options Trading: A Deep Dive into Market Sentiment

Investors with a lot of money to spend have taken a bearish stance on Applied Mat AMAT.

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMAT, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 10 options trades for Applied Mat.

This isn't normal.

The overall sentiment of these big-money traders is split between 40% bullish and 60%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $54,708, and 9, calls, for a total amount of $451,031.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $180.0 for Applied Mat during the past quarter.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Applied Mat options trades today is 1616.22 with a total volume of 991.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Applied Mat's big money trades within a strike price range of $80.0 to $180.0 over the last 30 days.

Applied Mat Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About Applied Mat

Applied Materials 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.

Where Is Applied Mat Standing Right Now?

• With a trading volume of 1,984,082, the price of AMAT is up by 1.45%, reaching $153.45.
• Current RSI values indicate that the stock is may be approaching oversold.
• Next earnings report is scheduled for 30 days from now.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Applied Mat with Benzinga Pro for real-time alerts.