Investors with a lot of money to spend have taken a bullish stance on Intel (NASDAQ:INTC).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with INTC, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 8 uncommon options trades for Intel.

This isn't normal.

The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $194,320, and 3 are calls, for a total amount of $119,350.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.0 to $25.0 for Intel over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Intel options trades today is 9481.57 with a total volume of 2,584.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Intel's big money trades within a strike price range of $20.0 to $25.0 over the last 30 days.

Intel Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

About Intel

Current Position of Intel

• Trading volume stands at 936,470, with INTC's price up by 0.89%, positioned at $20.4.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 20 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.