Deep-pocketed investors have adopted a bullish approach towards Intel INTC, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in INTC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for Intel. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 61% leaning bullish and 33% bearish. Among these notable options, 16 are puts, totaling $950,767, and 20 are calls, amounting to $1,120,798.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $10.0 to $35.0 for Intel over the last 3 months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Intel stands at 10949.14, with a total volume reaching 52,661.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Intel, situated within the strike price corridor from $10.0 to $35.0, throughout the last 30 days.
Intel Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INTC | CALL | TRADE | NEUTRAL | 01/15/27 | $14.55 | $14.05 | $14.3 | $10.00 | $286.0K | 453 | 200 |
| INTC | CALL | SWEEP | BULLISH | 11/15/24 | $1.42 | $1.41 | $1.42 | $23.00 | $132.7K | 30.2K | 2.9K |
| INTC | PUT | SWEEP | BULLISH | 06/20/25 | $3.75 | $3.7 | $3.7 | $23.00 | $99.9K | 16.6K | 272 |
| INTC | PUT | SWEEP | BEARISH | 01/17/25 | $3.9 | $3.9 | $3.9 | $25.00 | $97.5K | 28.7K | 286 |
| INTC | PUT | SWEEP | BEARISH | 11/15/24 | $1.7 | $1.69 | $1.7 | $23.00 | $89.7K | 23.8K | 2.0K |
About Intel
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
After a thorough review of the options trading surrounding Intel, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Intel
- With a trading volume of 38,869,058, the price of INTC is up by 0.31%, reaching $22.84.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 10 days from now.
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