Intel's Options: A Look at What the Big Money is Thinking

Financial giants have made a conspicuous bearish move on Intel. Our analysis of options history for Intel INTC revealed 29 unusual trades.

Delving into the details, we found 48% of traders were bullish, while 51% showed bearish tendencies. Out of all the trades we spotted, 14 were puts, with a value of $872,401, and 15 were calls, valued at $1,011,880.

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 $18.0 to $60.0 for Intel during the past quarter.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $18.0 to $60.0 in the last 30 days.

Intel Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

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.

Current Position of Intel

• Currently trading with a volume of 13,218,867, the INTC's price is up by 0.59%, now at $37.42.
• RSI readings suggest the stock is currently may be oversold.
• Anticipated earnings release is in 14 days.

Expert Opinions on Intel

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $46.4.

• In a cautious move, an analyst from Wedbush downgraded its rating to Neutral, setting a price target of $40.
• An analyst from Susquehanna has decided to maintain their Neutral rating on Intel, which currently sits at a price target of $42.
• An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $62.
• Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Intel, targeting a price of $43.
• Consistent in their evaluation, an analyst from Stifel keeps a Hold rating on Intel with a target price of $45.

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.