TRU-SENTIMENT · DeltaNeutral

AMAT Trading Analysis - 09/11/2026 04:15 PM — TRU-SENTIMENT

Options chain · Stock chart · Baseline chart

AMAT (Applied Materials Inc) at $456.62. True Sentiment Bullish, delta 40-60 call 60% / put 40%, call $5,452,580 vs put $3,628,895. RSI 34.9.

Symbol: AMAT
Price: $456.62
Article bias (separate from True Sentiment): neutral
Conviction: medium
Published: 2026-09-11 16:15:00 ET
Author: DeltaNeutral staff

TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)

True Sentiment Analysis (Delta 40-60 Options):

Overall options flow sentiment: Bullish

Call dollar volume: $5,452,580
Put dollar volume: $3,628,895
Call %: 60%
Put %: 40%

The options sentiment is bullish, with a higher call dollar volume and percentage. This suggests that traders are positioning for a potential upside in the stock.

Key Statistics: AMAT

$454.01 +0.00%

52-Week Range

$164.00 - $739.67

Market Cap

$724.60B

P/E (TTM)

39.17

PEG Ratio

N/A

Beta

N/A

Next Earnings

N/A

Avg Volume

$8.03M

Dividend Yield

N/A

Fundamental Snapshot

Valuation

P/E (Trailing)	39.17
P/E (Forward)	N/A
PEG Ratio	N/A
Price/Book	28.28

Profitability

EPS (Trailing)	$11.59
EPS (Forward)	N/A
ROE	36.16%
Net Margin	30.05%

Financial Health

Revenue (TTM)	$30.84B
Debt/Equity	0.70
Free Cash Flow	N/A
Rev Growth	N/A

Analyst Consensus

None

Target: $N/A

Based on None Analysts

📈 Analysis

News Headlines & Context:

Fundamental Analysis:

Based on the provided fundamentals:

Revenue: $30,837,000,000
Trailing EPS: $11.59
Trailing P/E: 39.17
Price-to-Book: 28.28
Debt-to-Equity: 0.70
Return on Equity (ROE): 36.16%
Gross Margins: 49.40%
Operating Margins: 29.64%

The fundamentals indicate:

Strong ROE and gross margins.
A relatively high P/E ratio of 39.17, suggesting potentially high expectations for future growth.
High debt-to-equity ratio, which could be a concern if not managed properly.

Overall, AMAT's fundamentals are strong, with high profitability and return on equity. However, the high P/E and debt-to-equity ratios are potential concerns.

Current Market Position:

Current price: $456.27

Recent price action: The stock has been experiencing volatility, with the current price near the lower end of its recent range.

Intraday momentum and trends from minute bars: The last 5-minute bars show prices ranging from $455.40 to $456.62, indicating some intraday volatility but no clear direction.

Technical Analysis:

Technical Indicators

RSI (14)

34.92

MACD

-20.22

50-day SMA

$516.85

20-day SMA

$475.54

ATR (14)

$15.42

Technical indicators suggest:

RSI (14) at 34.92, indicating the stock is near oversold territory.
MACD at -20.22, indicating a bearish signal.
The stock is below both the 20-day and 50-day SMAs, indicating a downtrend.
ATR (14) at $15.42, indicating moderate volatility.

Bollinger Bands: The stock price is near the lower band, suggesting potential oversold conditions.

30-day high/low context: The current price is closer to the 30-day low than the high, indicating a bearish trend.

True Sentiment Analysis (Delta 40-60 Options):

Overall options flow sentiment: Bullish

Call dollar volume: $5,452,580
Put dollar volume: $3,628,895
Call %: 60%
Put %: 40%

The options sentiment is bullish, with a higher call dollar volume and percentage. This suggests that traders are positioning for a potential upside in the stock.

Key Price Levels:

Support

$426.13 (30-day low)

Resistance

$563.75 (30-day high)

Entry

$450.00

Target

$500.00

Stop Loss

$420.00

25-Day Price Forecast:

Based on current trends, momentum, and indicators, AMAT is projected for $442.11 to $472.85 in 25 days.

This range is based on:

Current SMA trends: The stock is below the 20-day and 50-day SMAs, indicating a downtrend.
RSI momentum: The RSI is near oversold territory, suggesting potential for a bounce.
MACD signals: The MACD is bearish, but a crossover could indicate a trend change.
Recent volatility (ATR): Moderate volatility suggests potential for price movement.
Support/resistance levels: The projected range considers these levels as potential barriers.

Defined Risk Strategy Recommendations:

Based on the price forecast ($442.11 to $472.85) and optionchain data:

Bull Call Spread:
- Buy 1 AMAT 261016C00450000 (50.0 strike call)
- Sell 1 AMAT 261016C00470000 (47.0 strike call)
- Expiration: 2026-10-16
- Risk/Reward: 1:2.5
Bear Put Spread:
- Buy 1 AMAT 261016P00450000 (45.0 strike put)
- Sell 1 AMAT 261016P00420000 (42.0 strike put)
- Expiration: 2026-10-16
- Risk/Reward: 1:2.3
Iron Condor:
- Buy 1 AMAT 261016P00420000 (42.0 strike put)
- Sell 1 AMAT 261016P00450000 (45.0 strike put)
- Buy 1 AMAT 261016C00470000 (47.0 strike call)
- Sell 1 AMAT 261016C00500000 (50.0 strike call)
- Expiration: 2026-10-16
- Risk/Reward: 1:1.8

Risk Factors:

Technical warning signs: The stock is in a downtrend, and the MACD is bearish.
Sentiment divergences: The options sentiment is bullish, but the technical indicators are bearish.
Volatility and ATR considerations: Moderate volatility could impact the stock price.
Earnings report: The upcoming earnings report could be a significant catalyst.

Summary & Conviction Level:

Overall bias: Neutral

Conviction level: Medium

One-line trade idea: Consider defined risk strategies based on the options sentiment and technical indicators.

View AMAT Options Chain

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to sell or buy any securities. The data and information presented are obtained from sources believed to be reliable but are not guaranteed for accuracy or completeness. Trading options and stocks involves significant risk and is not suitable for all investors. You should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.