Speaking on Bloomberg Markets, Kevin Kelly of Kelly & Co. suggested that investors should consider a bullish options trade in Intel Corporation INTC. The stock traded lower Thursday, along with the other semiconductor stocks, but Kelly wants to buy the weakness.
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He said that the stock has historically traded with discount to its peers, but with Altera and Mobileye acquisitions the company is trying to improve growth. To make a bullish bet Kelly wants to buy the March 46 call for $2.5. The trade breaks even at $48.5 or 4.75 percent above the Thursday's closing price. It captures the January earnings
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