Intel's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on Intel, with 55% of recent options trades being bearish. The total value of put options is significantly higher than call options. Analysts have mixed ratings on Intel, with price targets ranging from $17 to $32. Intel's stock is currently down by 3.81% and may be oversold.

August 09, 2024 | 2:46 pm
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Whales have taken a bearish stance on Intel, with 55% of recent options trades being bearish. The total value of put options is significantly higher than call options. Analysts have mixed ratings on Intel, with price targets ranging from $17 to $32. Intel's stock is currently down by 3.81% and may be oversold.
The majority of recent options trades on Intel are bearish, indicating that large investors expect the stock to decline. Additionally, the stock is currently down by 3.81% and may be oversold, which could lead to further downward pressure. Mixed analyst ratings with a range of price targets also contribute to uncertainty.
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