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Barchart
Mark R. Hake, CFA

Unusual Call Option Trades in Intel Stock Shows Keen Investor Interest in Its Upside

Intel Corporation INTC

Unusual call options volume in three different tranches of Intel Corp (INTC) stock traded today. INTC stock has fallen recently after a recent financial reporting update. This shows Investor interest in the stock's potential upside.

The stock has taken a tumble recently, especially after Intel reported that its results, including its chip foundry business now broken out as a separate reporting line, showed a net loss for the unit. The company's revised 10-K indicated that this unit lost $6.955 billion in 2023 on $18.91 billion in revenue. Prior years also showed losses.

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