High-rolling investors have positioned themselves bullish on Applied Mat , and it's important for retail traders to take note.

This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in AMAT often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 8 options trades for Applied Mat. This is not a typical pattern.

The sentiment among these major traders is split, with 62% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $35,380, and 7 calls, totaling $457,538.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $170.0 to $230.0 for Applied Mat over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Applied Mat's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Applied Mat's whale trades within a strike price range from $170.0 to $230.0 in the last 30 days.

Applied Mat 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Applied Mat

Applied Materials Inc ( AMAT ) is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials ( AMAT ) has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials ( AMAT ) holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.

After a thorough review of the options trading surrounding Applied Mat, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is Applied Mat Standing Right Now?

Trading volume stands at 386,150, with AMAT's price up by 0.75%, positioned at $183.09.

RSI indicators show the stock to be may be approaching overbought.

Earnings announcement expected in 13 days.

What The Experts Say On Applied Mat

5 market experts have recently issued ratings for this stock, with a consensus target price of $200.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.

* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Applied Mat with a target price of $200.

* An analyst from Barclays persists with their Equal-Weight rating on Applied Mat, maintaining a target price of $200.

* An analyst from Keybanc has elevated its stance to Overweight, setting a new price target at $225.

* An analyst from Mizuho has decided to maintain their Outperform rating on Applied Mat, which currently sits at a price target of $210.

* Consistent in their evaluation, an analyst from Susquehanna keeps a Neutral rating on Applied Mat with a target price of $165.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Applied Mat, Benzinga Pro gives you real-time options trades alerts.