Market Whales and Their Recent Bets on AMAT Options - Applied Materials (NASDAQ:AMAT)

Core Insights - Whales have adopted a bearish stance on Applied Materials, with 47% of trades being bearish compared to 40% bullish [1] - The total volume of options trades detected was 117, with puts amounting to $2,472,748 and calls totaling $6,947,004 [1] Options Activity - The average open interest for options of Applied Materials is 815.34, with a total volume of 18,815.00 [3] - Significant price targets for Applied Materials have been identified in the range of $135.0 to $390.0 over the past quarter [2] Company Overview - Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer globally, with a strong market share in deposition [10] - The company serves major chipmakers, including TSMC, Intel, and Samsung, and is primarily focused on general-purpose logic chips [10] Analyst Ratings - Recent expert ratings suggest an average target price of $356.0 for Applied Materials, with individual targets ranging from $290 to $425 [12][14] - Analysts from B. Riley Securities and Jefferies maintain Buy ratings, while Susquehanna upgraded to Positive, indicating optimism about the company's future performance [14]