TRU-SENTIMENT · DeltaNeutral

APLD Trading Analysis - 09/10/2026 04:33 PM — TRU-SENTIMENT

Options chain · Stock chart · Baseline chart

APLD (Applied Digital Corporation Common Stock) at $26.00. True Sentiment Bullish, delta 40-60 call 61% / put 39%, call $1,644,809 vs put $1,045,152. RSI 41.1.

Symbol: APLD
Price: $26.00
Article bias (separate from True Sentiment): neutral
Conviction: medium
Published: 2026-09-10 16:33:00 ET
Author: DeltaNeutral staff

TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)

True Sentiment Analysis (Delta 40-60 Options):

Overall Sentiment: The true sentiment is bullish, with a call dollar volume of $1,644,809 (61.1% of total) and a put dollar volume of $1,045,152 (38.9% of total).

Conviction: The pure directional positioning suggests near-term bullish expectations.

Key Statistics: APLD

$27.14 +0.00%

52-Week Range

$15.42 - $50.73

Market Cap

$7.47B

P/E (TTM)

-29.82

PEG Ratio

N/A

Beta

N/A

Next Earnings

N/A

Avg Volume

$25.22M

Dividend Yield

N/A

Fundamental Snapshot

Valuation

P/E (Trailing)	-29.82
P/E (Forward)	N/A
PEG Ratio	N/A
Price/Book	4.33

Profitability

EPS (Trailing)	$-0.91
EPS (Forward)	N/A
ROE	-10.69%
Net Margin	-30.15%

Financial Health

Revenue (TTM)	$611.31M
Debt/Equity	3.59
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:

Revenue and Profit Margins: APLD has a total revenue of $611,311,000. However, the revenue growth rate is not provided. The gross, operating, and profit margins are 35.08%, -38.81%, and -30.15%, respectively. The negative operating and profit margins indicate concerns about profitability.

Earnings Per Share (EPS): APLD's trailing EPS is -$0.91, and the P/E ratio is -29.82, suggesting a potentially overvalued stock. The PEG ratio is not available.

Valuation and Fundamentals: The price-to-book ratio is 4.33, and the debt-to-equity ratio is 3.59, indicating potential valuation and leverage concerns. The return on equity (ROE) is -10.89%, which is negative.

Analyst Consensus: No analyst consensus or target price is available.

Current Market Position:

Current Price: $25.78

Recent Price Action: The last 5-minute bars show prices ranging from $25.74 to $26.05, with a slight uptrend.

Support and Resistance: Key support levels are around $25.00, and resistance levels are around $27.00.

Technical Analysis:

Technical Indicators

RSI (14)

41.09

MACD

-1.11

50-day SMA

$28.61

20-day SMA

$27.46

5-day SMA

$26.70

SMA Trends: The 5-day SMA ($26.70) is below the 20-day SMA ($27.46) and 50-day SMA ($28.61), indicating a downtrend.

RSI Interpretation: The RSI (14) is 41.09, which suggests a slightly oversold condition but not extreme.

MACD Signals: The MACD is -1.11, indicating a bearish signal.

Bollinger Bands: The price is near the lower band, suggesting potential support.

30-day High/Low: The price is near the lower end of the 30-day range ($23.83 to $33.04).

True Sentiment Analysis (Delta 40-60 Options):

Overall Sentiment: The true sentiment is bullish, with a call dollar volume of $1,644,809 (61.1% of total) and a put dollar volume of $1,045,152 (38.9% of total).

Conviction: The pure directional positioning suggests near-term bullish expectations.

Key Price Levels:

Support

$25.00

Resistance

$27.00

Entry

$25.50

Target

$28.00

Stop Loss

$24.50

25-Day Price Forecast:

APLD is projected for $24.50 to $27.50 in 25 days, based on current technical trends, momentum, and indicators.

The projection considers the current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR). Support and resistance levels may act as barriers or targets.

Defined Risk Strategy Recommendations:

Based on the price forecast ($24.50 to $27.50), recommended strategies include:

Bull Call Spread: Buy 1 APLD 261016C00026000 (26.0 strike) and sell 1 APLD 261016C00028000 (28.0 strike). This spread benefits from a price increase towards $28.00.
Bear Put Spread: Buy 1 APLD 261016P00024000 (24.0 strike) and sell 1 APLD 261016P00026000 (26.0 strike). This spread benefits from a price decrease towards $24.50.
Iron Condor: Sell 1 APLD 261016C00026000 (26.0 strike) and buy 1 APLD 261016C00028000 (28.0 strike), while selling 1 APLD 261016P00024000 (24.0 strike) and buying 1 APLD 261016P00022000 (22.0 strike). This strategy profits from a stable price range.

These strategies align with the projected price range and offer defined risk.

Risk Factors:

Technical warning signs: The MACD and RSI indicate potential bearishness.
Sentiment divergences: The true sentiment is bullish, but technicals are bearish.
Volatility: Recent ATR is 1.69, indicating moderate volatility.

Summary & Conviction Level:

Overall Bias: Neutral

Conviction Level: Medium

Trade Idea: Monitor APLD for a breakout above $27.00 or a drop below $25.00 to confirm the trend.

View APLD 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.