Why Applied Materials Is Trading Higher Today


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Applied Materials (NASDAQ:AMAT) shares are trading higher today.

The shares of semiconductor companies are trading higher amid a rebound in tech names and after Nvidia announced the $40 billion acquisition of chipmaker Arm Holdings.

Applied Materials is one of the world's largest suppliers of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography.

Applied Materials shares were trading up 2.94% at $56.62 during the time of publication Monday. The stock has a 52-week high of $26.98 and a 52-week low of $15.76.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Newswhy it's moving