Intel's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Recent options activity indicates a bearish sentiment among big-money investors towards Intel (NASDAQ: INTC). Benzinga's options scanner identified 17 unusual trades, with a split sentiment of 41% bullish and 47% bearish. The trades include 5 puts totaling $291,527 and 12 calls totaling $773,079. The projected price targets range from $18.0 to $70.0.
June 14, 2024 | 2:46 pm
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Recent options activity shows a bearish sentiment among big-money investors towards Intel, with 47% bearish and 41% bullish trades. This could indicate potential downward pressure on Intel's stock price in the short term.
The significant bearish sentiment from big-money investors, as indicated by the unusual options activity, suggests that these investors expect Intel's stock price to decline in the short term. The split sentiment with a higher percentage of bearish trades (47%) compared to bullish trades (41%) supports this outlook.
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IMPORTANCE 80
RELEVANCE 100