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Intel: Takeover Target, Spared From Dividend Fund Selling
IntelIntel(US:INTC) Seeking Alphaยท2024-08-02 12:30

Klaus Vedfelt/DigitalVision via Getty Images Being a contrarian-minded investor, the thought of a value play on beleaguered Intel Corporation (NASDAQ:INTC) (NEOE:INTC:CA) has crossed my mind on several occasions. At one point, I made a profitable short-term trade on the Long side. I've also written a few out-of-the-money (OTM) put options on the ticker this year. I came through unscathed in all cases. I was tending to sell calls with strikes in the high 20s whenever Intel reverted down to the ~$30 level. Lo ...