Intel Unusual Options Activity

A deep-pocketed investor has adopted a bullish approach towards Intel INTC, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of this investor remains unknown, but such a substantial move in INTC usually suggests insider knowledge. We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Intel. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 63% leaning bullish and 36% bearish. Among these notable options, 5 are puts, totaling $362,968, and 6 are calls, amounting to $247,041.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $23.0 to $45.0 for Intel during the past quarter.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Intel options trades today is 13829.62 with a total volume of 2,285.00.

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 $23.0 to $45.0 over the last 30 days.

Intel 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Present Market Standing of Intel

• With a trading volume of 4,298,142, the price of INTC has up by 0.08%, reaching $38.8. Current RSI values indicate that the stock is may be approaching overbought. Next earnings report is scheduled for 78 days from now.

Expert Opinions on Intel:

• Raymond James has decided to maintain their Outperform rating on Intel, which currently sits at a price target of $40.
• Rosenblatt has revised its rating downward to Sell, adjusting the price target to $17.
• In a cautious move, Needham downgraded its rating to Buy, setting a price target of $40.
• Maintaining their stance, Susquehanna continues to hold a Neutral rating for Intel, targeting a price of $38.
• Showing optimism, HSBC upgrades its rating to Hold with a revised price target of $33.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Intel options trades with real-time alerts from Benzinga Pro.