Applied Mat Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish sentiment towards Applied Materials (NASDAQ:AMAT) with 65% of unusual options trades being bearish. Despite this, the stock is currently trading slightly up at $187.65. Analysts have mixed ratings with a consensus target price of $204.0.
September 17, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Applied Materials has seen a significant amount of bearish options activity, with 65% of trades showing bearish sentiment. Despite this, the stock is trading slightly up at $187.65. Analysts have mixed ratings, with a consensus target price of $204.0.
The article highlights a significant bearish sentiment in options trading for AMAT, with 65% of trades being bearish. This could indicate a potential short-term downward pressure on the stock price. However, the stock is currently trading slightly up, and analysts have mixed ratings with a consensus target price above the current trading price, which could provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100