This Is What Whales Are Betting On Applied Materials - Applied Materials (NASDAQ:AMAT)

Group 1 - Deep-pocketed investors have adopted a bearish approach towards Applied Materials, indicating that significant market movements may be imminent [1] - The options activity for Applied Materials is unusually high, with 36% of investors leaning bullish and 42% bearish, highlighting a divided sentiment among heavyweight investors [2] - The price target for Applied Materials has been identified in a range from $230.0 to $500.0 based on the volume and open interest of options contracts over the last three months [3] Group 2 - The mean open interest for Applied Materials options trades is 552.29, with a total volume of 508.00, reflecting the liquidity and interest in these options [4] - Professional analysts have set an average price target of $374.0 for Applied Materials based on their evaluations in the last 30 days [5] - The current trading volume for AMAT is 1,324,278, with the stock price down by 1.94% to $334.72, suggesting potential overbought conditions [7]