"It depends on the STRIKE Price.....if it is $20 they will obviously exercise, if higher than $21 probably NOT"
Agreed. The msg was targeted at the other poster.
They might think that they could sell an ITM FEB call, capture the dividend and then close the call early before expiration. This clever move will likely get their shares called early before ex-dividend. No stock and no dividend.
Very strange things happen with Intel around dividend time.