MARKET ALPHA WATCHLIST - AMAT

Option Alert
Symbol: AMAT
Type: Call
Strike: $155
Expiration: 8/20/21

Indicators
Laguerre RSI
Multi-Time Frame EMA x2

Comments...

Large call option came in for AMAT and decided to check out the technicals.

This buyer decided to place a massive bet on this stock rising higher buying way out of the money calls. The technicals show this may be a good time to purchase this price because we are coming into heavy support but it seems unlikely we would reach the price by expiration.