This Is What Whales Are Betting On Intel
Portfolio Pulse from Benzinga Insights
Recent options trading activity indicates a bullish sentiment on Intel (NASDAQ:INTC) among 'whales'. Analysis of 9 significant trades shows a preference for calls over puts, with a targeted price range of $30.0 to $60.0. Notable trades include both bullish and bearish positions, with varying strike prices and expiration dates. Intel, a leading chipmaker, is currently trading at $42.22, with neutral RSI indicators and an earnings announcement expected in 34 days. Analyst opinions on Intel are mixed, with target prices ranging from $17 to $50.
March 22, 2024 | 4:31 pm
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NEUTRAL IMPACT
Intel's recent options trading activity reflects a bullish sentiment among investors, with a mix of bullish and bearish trades. The stock is currently trading at $42.22, with neutral RSI indicators. Analyst opinions are mixed, affecting potential short-term price movements.
The mixed sentiment from options trading and analyst ratings, combined with the current neutral RSI indicators, suggests a potential for short-term price volatility in Intel's stock. The upcoming earnings announcement could further influence the stock's direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100