This Is What Whales Are Betting On Intel
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Intel (NASDAQ:INTC), as observed from publicly available options history. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $34.0 to $55.0 for Intel over the last 3 months. The price of INTC is currently down -0.6% at $38.62.
September 13, 2023 | 2:16 pm
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A large investor has taken a bearish stance on Intel, indicating potential downward pressure on the stock.
The bearish stance taken by a large investor, as observed from the options history, indicates that there might be a belief in the market that Intel's stock price might decrease. This could put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100