Intel Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Intel (NASDAQ:INTC) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 44% bullish and 55% bearish. The whales have been targeting a price range from $26.0 to $38.0 for Intel over the last 3 months. Roth MKM and Rosenblatt have downgraded their actions on Intel to Neutral and Sell respectively.
October 03, 2023 | 3:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Intel has seen unusual options activity with a significant bearish stance taken by a large investor. The sentiment among these traders is more bearish than bullish. Analysts have also downgraded their actions on Intel.
The unusual options activity indicates that a large investor is expecting Intel's stock price to decrease. This bearish sentiment, combined with the downgrades from analysts, could negatively impact Intel's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100