Whales with a lot of money to spend have taken a noticeably bullish stance on Intel ( INTC ).

Looking at options history for Intel ( INTC ) we detected 21 trades.

If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $391,538 and 18, calls, for a total amount of $911,503.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $13.0 to $36.0 for Intel ( INTC ) over the recent three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Intel's ( INTC ) options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Intel's ( INTC ) whale trades within a strike price range from $13.0 to $36.0 in the last 30 days.

Intel 30-Day Option Volume & Interest Snapshot

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.

Following our analysis of the options activities associated with Intel ( INTC ), we pivot to a closer look at the company's own performance.

Where Is Intel Standing Right Now?

Trading volume stands at 38,872,475, with INTC's price up by 4.53%, positioned at $23.84.

RSI indicators show the stock to be may be approaching overbought.

Earnings announcement expected in 29 days.

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Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Intel ( INTC ) options trades with real-time alerts from Benzinga Pro.