Intel INTC Stock & Option Trade Ideas

Based on the technical data for INTC, the stock shows bearish signals:

• MACD line consistently below the Signal line
• RSI indicating oversold levels below 30
• Price consistently below the middle Bollinger Band

Considering the bearish signals, here are some potential stock and option trading strategies for INTC:

• Stock Trade: Short Selling INTC – Traders can consider short selling INTC with a tight stop-loss above the recent swing high to capitalize on the bearish momentum.
• Option Trade 1: Long Put Options – Traders can buy long put options on INTC to benefit from a potential further downward move while limiting the risk to the premium paid.
• Option Trade 2: Bear Call Spread – Traders can establish a bear call spread by selling an out-of-the-money call option while simultaneously buying a further out-of-the-money call option. This strategy profits if INTC remains below the sold call strike at expiration.