Decoding Intel's Options Activity: What's the Big Picture?

Financial giants have made a conspicuous bullish move on Intel. Our analysis of options history for Intel INTC revealed 19 unusual trades.

Delving into the details, we found 73% of traders were bullish, while 26% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $286,895, and 15 were calls, valued at $897,952.

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 $30.0 to $50.0 for Intel during the past quarter.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $30.0 to $50.0 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.

After a thorough review of the options trading surrounding Intel, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Intel

• Trading volume stands at 11,239,768, with INTC's price down by -0.02%, positioned at $43.8.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 66 days.

Professional Analyst Ratings for Intel

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $33.8.

• Reflecting concerns, an analyst from Rosenblatt lowers its rating to Sell with a new price target of $17.
• Maintaining their stance, an analyst from Raymond James continues to hold a Outperform rating for Intel, targeting a price of $40.
• In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $40.
• Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Intel, targeting a price of $39.
• An analyst from HSBC has elevated its stance to Hold, setting a new price target at $33.

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.