Deep-pocketed investors have adopted a bearish approach towards Intel ( INTC ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in INTC usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Intel ( INTC ). This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 30% leaning bullish and 53% bearish. Among these notable options, 7 are puts, totaling $853,444, and 6 are calls, amounting to $291,406.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $19.5 to $29.0 for Intel ( INTC ) over the recent three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Intel ( INTC ) options trades today is 11359.0 with a total volume of 4,855.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Intel's ( INTC ) big money trades within a strike price range of $19.5 to $29.0 over the last 30 days.

Intel Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Intel

Intel ( INTC ) is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel ( INTC ) pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel ( INTC ) remains the market share leader in central processing units in both the PC and server end markets. Intel ( INTC ) has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel ( INTC ) expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.

In light of the recent options history for Intel ( INTC ), it's now appropriate to focus on the company itself. We aim to explore its current performance.

Intel's Current Market Status

With a volume of 5,504,046, the price of INTC is down -1.76% at $19.94.

RSI indicators hint that the underlying stock may be approaching oversold.

Next earnings are expected to be released in 24 days.

What The Experts Say On Intel

1 market experts have recently issued ratings for this stock, with a consensus target price of $21.0.

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* An analyst from B of A Securities has revised its rating downward to Underperform, adjusting the price target to $21.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

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