Applied Materials (AMAT) Trade of Selling a June Put Spread

Applied Materials (AMAT) is in a cautious area says Scott Bauer of Prosper Trading Academy. Scott is selling the June $115/$110 put spread for $1.00 credit with a breakeven of $114. He would be a buyer of the stock if it gets down to $114 to $115. Scott likes AMAT for the long-term.

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Applied Materials (AMAT) Trade of Selling a June Put Spread

Applied Materials (AMAT) is in a cautious area says Scott Bauer of Prosper Trading Academy. Scott is selling the June $115/$110 put spread for $1.00 credit with a breakeven of $114. He would be a buyer of the stock if it gets down to $114 to $115. Scott likes AMAT for the long-term.