Behind the Scenes of Applied Mat's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Applied Materials (NASDAQ:AMAT) show a bearish sentiment among large investors, with 58% of trades being bearish. The stock is currently trading at $185.73, with analysts providing mixed ratings and price targets ranging from $190 to $250. The company's earnings announcement is expected in 27 days.
October 18, 2024 | 3:45 pm
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Applied Materials is experiencing a bearish sentiment in options trading, with 58% of trades being bearish. The stock is currently trading at $185.73, and analysts have set price targets between $190 and $250. The company's earnings announcement is expected in 27 days.
The majority of options trades are bearish, indicating a negative short-term outlook. Analysts' mixed ratings and the upcoming earnings announcement add to the uncertainty. The stock's current price and RSI suggest a neutral position, but the bearish sentiment in options trading is likely to impact the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100