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9/22 INTC120922C00022000 is in the money though, do you think the hit from bad news is already baked in?
I love the INTC stock and dividend, and you're right no one is touching them and they didn't even start getting into mobile yet
It depends on what your goals are. The option expires tomorrow so there is not much premium but not much time and it would be a gamble.
Intel has bounced off $23 and I could see them trade it down to below $23.
I like the Oct 22 or 23 put on this one ... thoughts?