Applied Mat Unusual Options Activity For October 13 - Applied Mat (NASDAQ:AMAT)

Core Insights - Financial giants are showing a bearish sentiment towards Applied Materials, with 58% of traders indicating bearish tendencies and only 25% bullish [1] - The average target price from industry analysts for Applied Materials is $234.8, with varying ratings and price targets from different firms [10][11] Options Activity - A total of 12 unusual trades were identified for Applied Materials, with 2 puts valued at $115,876 and 10 calls valued at $916,433 [1] - The significant options activity indicates a price window from $200.0 to $240.0 for Applied Materials over the past quarter [2] - A snapshot of options volume and open interest shows key trends in liquidity and interest levels for calls and puts within the strike price range of $200.0 to $240.0 [3][4] Company Overview - Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer globally, with a strong market share in deposition processes [9] - The company serves major chipmakers, including TSMC, Intel, and Samsung, indicating its critical role in the semiconductor supply chain [9] Analyst Ratings - Analysts from various firms have provided mixed ratings, with Cantor Fitzgerald lowering its rating to Overweight and setting a price target of $225, while Goldman Sachs maintains a Buy rating with a target of $250 [11] - Keybanc and Wells Fargo also maintain Overweight ratings with targets of $240 and $250 respectively, while Morgan Stanley upgraded its rating to Overweight with a target of $209 [11] Current Market Position - The trading volume for Applied Materials stands at 1,025,313, with the stock price at $219.06, reflecting a 4.34% increase [13] - The upcoming earnings announcement is expected in 31 days, which may influence market sentiment and trading activity [13]