Bullish option flow detected in Intel (INTC) with 64,708 calls trading, 1.9x expected, and implied vol increasing almost 5 points to 63.60%. 10/25 weekly 23 calls and 10/25 weekly 23.5 calls are the most active options, with total volume in those strikes near 17,500 contracts. The Put/Call Ratio is 0.28. Earnings are expected on October 31st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
- Intel price target lowered to $25 from $28 at Stifel
- Intel (NASDAQ:INTC) Wins European Court Battle
- EU Court of Justice backs annulment of EUR 1.06B antitrust fine against Intel
- Intel left behind in A.I. chip boom due to missed opportunities, NYTimes says
- Intel (NASDAQ:INTC) Arrow Lake Processors Experience Problems?