Applied Materials (AMAT) Offering Possible 21.95% Return Over the Next 29 Calendar Days

Applied Materials’s most recent trend suggests a bullish bias. One trading opportunity on Applied Materials is a Bull Put Spread using a strike $38.00 short put and a strike $33.00 long put offers a potential 21.95% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $38.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $33.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Applied Materials is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Applied Materials is bullish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Applied Materials

See what the IHS Markit Score report has to say about Applied Materials Inc.
Tue, 18 Sep 2018 12:01:34 +0000
Applied Materials Inc NASDAQ/NGS:AMAT

Cree Stock Fell 5% on September 17
Tue, 18 Sep 2018 12:00:40 +0000
In this series, we’ll look at the top technology stocks that fell on September 17 and compare them with analysts’ estimates. Cree (CREE), the maker of lighting-class LED (light-emitting diode) and semiconductor products, fell 5.2% on September 17. It seems that Cree has been impacted by the overall weakness in the semiconductor industry.

3 Incredibly Cheap Technology Stocks
Sat, 15 Sep 2018 15:29:00 +0000
If wild markets have you down, the silver lining is that there are stocks on sale.

Micron’s Stock Dips on Memory Price Concerns
Fri, 14 Sep 2018 11:31:00 +0000
So far, we’ve seen that Micron (MU) has been positioning itself as a specialized memory solutions maker. However, this is a long-term strategy, and the company has not been able to address investors’ short-term concerns.

Applied Materials (AMAT) Outpaces Stock Market Gains: What You Should Know
Thu, 13 Sep 2018 21:45:09 +0000
Applied Materials (AMAT) closed the most recent trading day at $38.89, moving +1.32% from the previous trading session.

Be Sociable, Share!

Related Posts