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Barchart

Mark R. Hake, CFA

Intel Stock Has Large, Unusual Options Trades - Investors are Bullish on INTC

INTC Intel Corporation Barchart

Today, Intel Corporation (INTC) stock is rising, up significantly over the past two weeks. Moreover, a Barchart report shows that several large tranches of options trades in Intel puts and calls have traded. They imply a new bullish sentiment by institutional investors.

INTC is up over 4% in midday trading at $64.86, up significantly from its recent low of $41.19 on March 30. These options trades are likely a result of recent bullish news.

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