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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (24919)	3/13/2011 5:36:11 PM
From: Gottfried	Respond to of 25522

Cary, the article said >With the stock currently trading at $14.87, and assuming that this is a new long position, the trader is potentially looking for the shares of AMAT to continue to fall below the 15 strike. To make a profit on this position, the trader would need the shares of AMAT to fall below $14.42 (15 - $0.58), or drop approximately 3% during the next month.< this could have been a protective put or a [bullish] put sale. The trader could be wrong. No way to know.