Financial giants have made a conspicuous bullish move on Intel. Our analysis of options history for Intel INTC revealed 31 unusual trades.
Delving into the details, we found 54% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $257,224, and 25 were calls, valued at $1,795,747.
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 $13.0 to $40.0 for Intel over the last 3 months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Intel's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Intel's whale trades within a strike price range from $13.0 to $40.0 in 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 | BEARISH | 06/20/25 | $1.25 | $1.2 | $1.22 | $35.00 | $366.0K | 17.3K | 5.1K |
| INTC | CALL | SWEEP | BEARISH | 01/15/27 | $7.85 | $7.75 | $7.75 | $25.00 | $279.0K | 4.1K | 363 |
| INTC | CALL | SWEEP | BULLISH | 12/20/24 | $0.22 | $0.2 | $0.21 | $31.00 | $210.9K | 6.4K | 14.7K |
| INTC | CALL | SWEEP | BULLISH | 12/20/24 | $0.19 | $0.18 | $0.19 | $31.00 | $133.8K | 6.4K | 7.7K |
| INTC | CALL | TRADE | BULLISH | 01/16/26 | $9.8 | $9.75 | $9.8 | $18.00 | $98.0K | 8.6K | 106 |
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.
In light of the recent options history for Intel, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Intel Standing Right Now?
- Trading volume stands at 26,741,593, with INTC's price up by 0.82%, positioned at $25.12.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 70 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Intel with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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