.... and then this just found on whats trading . com.
Intel (INTC) loses 34 cents to $21.90 and is one of 29 Dow stocks under water today. Only Traveler's (TRV) is holding a modest gain within the industrial average. The top options trades in the chipmaker today are a Sep 21 - 22 strangle at $1.20, 44000X on ISE. The market was $1.19 to $1.22 at the time and ISE data indicate the position was crossed from B/D to B/D. The strangle was also tied to 660K shares at $22.02 and looks opening. A seller might have initiated the trade. If so, it's not necessarily a bullish or bearish play, but a bet that Intel shares will hold in a range between $21 and $22 through the September expiration, which is in 46 days.