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Barchart
Barchart
Mark R. Hake, CFA

Intel Corp Has Unusual Long-Term Call Options Activity - Investors Bullish on Intel Stock?

INTC Intel Corporation Barchart

A Barchart report shows that institutional investors have piled into long-dated Intel Corp (INTC) call options. That is after its huge rise on Friday. Are investors still bullish on INTC? Or are they just taking advantage of high long-term INTC call premiums?

INTC closed at $84.52 on Tuesday, April 28, but this is up significantly from last week. INTC shot up 23.6% on Friday, April 24, to $82.54 from $66.58 on April 23. This was after Intel released its Q1 earnings results the night before.

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