Dan Nathan Sees Unusual Options Activity In Intel


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On CNBC's "Options Action", Dan Nathan spoke about unusual options activity in Intel Corporation (NASDAQ:INTC) ahead of earnings, scheduled for Thursday.

He said the call options volume on Wednesday was three times the average daily volume and the options market is implying that the stock could move 3.5 percent in either direction until Friday.

Nathan added that the largest trade of the day was a block of 7,500 contracts of the February 50.50 calls for 15 cents. The trade breaks even at $50.65 or 11.32 percent above the closing price on Wednesday.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: CNBCOptionsMarketsMediaDan NathanOptions Action