Intel Stock Turnaround - Buying Long-Dated In-the-Money INTC Calls Works Best

Intel Corp (INTC) stock may have bottomed as investors believe Intel will reach positive free cash flow next year. The best way to play this could be buying in-the-money (ITM) call options with long-dated expiration periods.  This article will show how to make an ITM call option play with a +20% expected return.

INTC is at $26.22 in morning trading on Friday, Nov. 8, after bottoming out at $18.77 on Aug. 7. I discussed this in my Oct. 16 Barchart article, “Intel Corp Stock May Have Bottomed - Attracting Unusual Call Options Activity in INTC Today.”