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Revenue forecasts for Intel Corp (INTC) in 2027 continue to rise. Moreover, analysts have been upping their price targets for INTC. With a 9% FCF margin and a 1% FCF yield, INTC appears 17% undervalued. Moreover, one way to play INTC, as this article will show, is to sell short out-of-the-money (OTM) cash-secured puts.
INTC closed at $103.49 on Monday, Aug. 17, after bottoming out at $81.88 on July 29. But it could have more to go. Let's look at that.
