Unpacking the Latest Options Trading Trends in Intel
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among large investors towards Intel (NASDAQ:INTC), with 59% of trades being bearish. The options activity suggests a price range of $15.0 to $55.0 for Intel over the next three months. Intel's stock is currently trading at $21.32, up by 2.13%, with a consensus target price of $24.8 from analysts.
August 19, 2024 | 5:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Intel's recent options trading shows a bearish sentiment with 59% of trades being bearish. The stock is currently trading at $21.32, with a consensus target price of $24.8 from analysts.
The significant bearish sentiment in options trading suggests that investors expect Intel's stock price to decline. The current trading price is $21.32, and the consensus target price is $24.8, indicating limited upside potential. The bearish sentiment is further supported by the high volume of put options compared to call options.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100