Looking At Intel's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Intel (NASDAQ:INTC), with a mix of bullish and bearish stances. Whales have been targeting a price range from $25.0 to $45.0 for Intel over the last 3 months. The current price of INTC is down -3.01% at $31.53. Analysts have mixed opinions, with price targets ranging from $17 to $39.
July 06, 2023 | 3:04 pm
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Intel has seen significant unusual options activity, with a mix of bullish and bearish stances. The current price of INTC is down -3.01% at $31.53. Analysts have mixed opinions, with price targets ranging from $17 to $39.
The unusual options activity indicates that there is a lot of interest in Intel's stock, which could lead to increased volatility. The mixed analyst ratings suggest uncertainty about the company's future performance. The current price drop could be a temporary setback or a sign of more significant issues.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100