CNBC Stock Blog
- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- HP Comes in As Expected; Is It Time to Buy?
- Paul: Audit the Fed
- Wave of Debt Payments Facing US Government
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- The Social Media Gaming Threat
- Holiday Travel Outlook
- Gold Will Collapse Like Oil Did in 2008: Charts
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- Obama says Boosting US Jobs is Top Priority
- More Consumers Giving 'Black Friday' the Cold Shoulder
- Prepare For Large Decline In Stocks, Next Year?
- Hewlett-Packard Earnings Rise, Match Guidance
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
- Why the Dollar Will Likely Stay Weak for Some Time
- Bear, Lehman Execs Weren't Wiped Out by Crisis: Study
RSS FEED
Text Size 
writer, OptionMonster
Options action turned bullish on Applied Materials yesterday as investors bet that it would rally into the autumn.
Volume in the October 14 calls rose to 11,744 contracts, more than twice existing open interest, according to OptionMonster's tracking systems. The calls traded for $0.60 to $0.80, with purchases dominating the activity.
Applied Materials fell 1.89 percent to $13.48 yesterday. The provider of semiconductor-making equipment has stalled this month, falling 2.3 percent after a 25 percent rally in July.
The stock needs to climb 9.8 percent by expiration for the calls to turn a profit. The company's fiscal third-quarter results surprised to the upside on Aug. 11, and management forecast better-than-expected numbers for the following quarter.
Options volume in Applied Materials was almost double the usual level yesterday. Calls exceeded puts by 5 to 1.
___________________________
Applied Materials Competes With:
KLA-Tencor [KLAC
Loading...
()
]
Lam Research [LRCX
Loading...
()
]
___________________________
Options Trading School:
___________________________
___________________________
David Russell is a reporter and writer for OptionMonster.
___________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes