Notable Put Buying Activity in Intel (INTC) Continues Ahead of Q3 Earnings Announcement Tomorrow -Susquehanna
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Price: $120.35 -5.25%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +310.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +310.0%
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Susquehanna options strategist Alison Edwards notes put buying activity in Intel (NASDAQ: INTC), as an opening investor purchased 50k Nov 39 Puts, creating 1.2 mln shares to sell and targeting 5.5% downside for break-even. This adds to notable Nov 38 Puts bought earlier in the week, ahead of the company's earnings report tomorrow.
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