Applied Mat Unusual Options Activity For September 14
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Applied Mat (NASDAQ:AMAT), with a bearish stance being taken by a majority of investors. Of the 10 strange trades detected, 60% were bearish and 40% bullish. The total amount for puts was $827,305 and for calls was $2,866,656. Whales have been targeting a price range from $80.0 to $160.0 for Applied Mat over the last 3 months. The current price of AMAT is $144.57. Several experts have maintained their ratings on Applied Mat, with price targets ranging from $128 to $175.
September 14, 2023 | 8:33 pm
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Applied Mat has seen unusual options activity, with a bearish stance being taken by a majority of investors. The current price of AMAT is $144.57, with price targets ranging from $128 to $175.
The unusual options activity, with a majority being bearish, indicates a potential downward pressure on the stock price. The current price of AMAT is within the targeted range by whales, but closer to the lower end of analyst price targets. This could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100