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Options Traders Target Intel Stock's Rebound
Schaeffers Investment Researchยท 2025-08-18 18:26
Core Insights - Intel Corp (NASDAQ: INTC) has experienced a volatile year, with significant price fluctuations but maintaining support around the $18 region. The stock has shown signs of recovery since early August after a post-earnings decline [1][2]. Stock Performance - As of the latest update, INTC shares are trading at $24.29, reflecting a 1.1% decrease. The stock has gained 21% year-to-date, and the 320-day moving average is now acting as support [2]. Options Activity - INTC has become a focal point for options traders, ranking 6th in options volume over the past two weeks. In the last 10 sessions, there were 5,681,978 calls and 1,907,256 puts traded, with the August 25 call being the most popular contract [4][5]. - Current options volume for INTC is running at double the intraday average, with 776,000 calls and 353,000 puts exchanged recently. The weekly 8/22 25-strike call is particularly favored, with new positions being opened [7]. Volatility Expectations - The options for Intel are currently considered reasonably priced, with a Schaeffer's Volatility Index (SVI) of 54%, placing it in the 24th percentile of its annual range, indicating low volatility expectations among options traders [8].