Applied Mat Unusual Options Activity

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:

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.