I'm not familiar with the symbol INTCW, but I'll take your word that it is an Intel call future's option symbol. The only thing I take issue with is "... that Intel sold..." If it's a futures option, THEN INTEL AS A CORPORATION DID NOT SELL IT! IT WAS SOLD BY A SIDE-MARKET BROKER (BOOKIE)! Plus, I don't understand the $21... and it's a call? Stock is currently $88+ (pre-split)... I can't relate to the numbers, either.