Financial giants have made a conspicuous bullish move on Intel. Our analysis of options history for Intel (NASDAQ:INTC) revealed 16 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $146,860, and 13 were calls, valued at $539,462.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $19.0 to $55.0 for Intel during the past quarter.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Intel's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Intel's significant trades, within a strike price range of $19.0 to $55.0, over the past month.
Intel 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INTC | PUT | TRADE | BULLISH | 01/17/25 | $32.5 | $32.15 | $32.23 | $55.00 | $64.4K | 107 | 20 |
| INTC | CALL | SWEEP | BULLISH | 01/17/25 | $2.2 | $2.19 | $2.2 | $24.00 | $59.8K | 14.3K | 844 |
| INTC | PUT | SWEEP | BULLISH | 12/20/24 | $4.55 | $4.5 | $4.5 | $26.00 | $52.2K | 4.0K | 601 |
| INTC | CALL | SWEEP | BULLISH | 01/17/25 | $1.81 | $1.8 | $1.81 | $25.00 | $46.5K | 36.6K | 1.4K |
| INTC | CALL | TRADE | BULLISH | 11/15/24 | $0.91 | $0.88 | $0.9 | $26.00 | $45.0K | 11.0K | 2.5K |
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.
Having examined the options trading patterns of Intel, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Intel
- Trading volume stands at 15,996,240, with INTC's price up by 2.07%, positioned at $22.72.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 20 days.
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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.