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Barchart
Mark R. Hake, CFA

Heavy Trading in Intel Put Options - Is Trouble Ahead for INTC Stock?

Today, heavy unusual trading in Intel Corp. (INTC) put options that are out-of-the-money (OTM) could spell trouble for INTC stock over the next month. The company's Q2 results yesterday did not encourage investors.

INTC stock is trading at $20.63, down over 8% today. This is down from its high of $23.82 on July 10, $25.92 on March 18, as well as $27.29 on Feb. 18.

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