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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 256.41+1.1%Dec 19 9:30 AM EST
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To: Proud_Infidel who wrote (6065)5/8/2003 3:33:05 PM
From: The Ox  Read Replies (2) of 25522
 
Applied Materials' July calls were active with much of the volume accounted by an institutional buyer of July 17.50 calls. It isn't clear what drove the seemingly bullish positioning; the call buyer likely is bracing for a strong performance from the chip equipment company over the next two months. Applied Materials has already gained about 13% over the past month and is scheduled to report quarterly earnings May 13.
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