Intel (INTC) Offering Possible 17.92% Return Over the Next 15 Calendar Days

Intel's most recent trend suggests a bearish bias. One trading opportunity on Intel is a Bear Call Spread using a strike $45.50 short call and a strike $50.50 long call offers a potential 17.92% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.50 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $50.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Intel is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Intel is bearish.

The RSI indicator is below 20 which suggests that the stock is in oversold territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Intel

Intel Makes Its Second AI Acquisition In A Week
Wed, 04 Nov 2020 07:44:57 +0000
Chipmaker Intel Corporation (NASDAQ: INTC) is strategically ramping up expansion plans in the Artificial Intelligence (AI) and Machine Learning (ML) business with two acquisitions in one week. TechCrunch reported Intel's latest acquisition deal with Israeli startup, Cnvrg.io, on Wednesday.Founded in 2016, the Jerusalem-based startup operates under the legal name, Accessible Labs Ltd — Crunchbase.What Happened: TechCrunch claims that an Intel spokesperson has confirmed the deal. However, the company has not made any official announcements about the terms of the acquisition agreement.”Cnvrg will be an independent Intel company and will continue to serve its existing and future customers,” the spokesperson said.Cnvrg's all-in-one machine learning platform allows data scientists to build and execute AI and ML algorithms, from the research stages to the production phase. The startup has raised $8 million in its Series A funding, according to Crunchbase. TechCrunch cited Pitchbook's valuation of $17 million in its last funding round.Why Does It Matter: Last week, Intel acquired SigOpt, a San-Francisco based startup that operates an optimization platform that facilitates scaling AI models. Intel did not disclose the terms of the deal but clarified that it is expected to close in the fourth quarter.TechCrunch hints that Intel's acquisition spree attempts to take on rivals like NVIDIA Corporation (NASDAQ: NVDA).Nvidia's recent purchase of Arm Holdings attracted attention for potential geopolitical conflicts, and Arm co-founder calling the deal a disaster for Europe.Price Action: INTC shares gained 0.88% to close at $44.85 on Tuesday.See more from Benzinga * Click here for options trades from Benzinga * McAfee Raises 0M In IPO(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ALTERA INFRASTRUCTURE LP (TOO) Q3 2020 Earnings Call Transcript
Wed, 04 Nov 2020 01:01:06 +0000
Now for the opening remarks and the introductions, I would like to turn the call over to Ingvild Saether, Altera Infrastructure's President and Chief Executive Officer. Before Ingvild begins, I would like to direct all participants to our website at alterainfra.com, where you will find a copy of the third quarter 2020 earnings presentation. Ingvild and I will take you through this presentation during today's conference call.

Intel has acquired Cnvrg.io, a platform to manage, build and automate machine learning
Wed, 04 Nov 2020 00:58:23 +0000
Intel continues to snap up startups to build out its machine learning and AI operations. In the latest move, TechCrunch has learned that the chip giant has acquired Cnvrg.io, an Israeli company that has built and operates a platform for data scientists to build and run machine learning models, which can be used to train and track multiple models and run comparisons on them, build recommendations and more. Intel confirmed the acquisition to us with a short note.

Northland Raises Intel To Hold, Sees Challenges Priced In The Stock
Tue, 03 Nov 2020 11:37:49 +0000
Northland Securities has upgraded Intel stock to Hold from Sell and maintained a price target of $46 (3.5% upside potential), as the analyst believes that the challenges faced by the semiconductor company are priced in the stock.Northland analyst Gus Richard said “We, examine the breakup value of INTC and come up with a conservative estimate that exceeds its current EV of Intel. We also believe some of the pieces, would flourish on their own. This includes Moblieye, Altera, and Intel Capital. Perhaps hostile SPAC [special purpose acquisition company] mergers are the next new things.”October was an eventful month for Intel. On Oct. 29, Intel (INTC) acquired startup SigOpt to boost its artificial intelligence applications. However, the company did not disclose the terms of the deal. On Oct. 22, the chipmaker reported 3Q revenues of $18.3 billion that surpassed the consensus estimates of $18.2 billion but declined 4% year-over-year. Its 3Q EPS of $1.11 came in in-line with the Street estimates but plunged 22% from the year-ago quarter.Intel raised its 2020 revenue outlook to $75.3 billion, compared with the earlier forecast of $75 billion and analysts’ estimates of $75.1 billion. The company expects 2020 adjusted EPS to be $4.90, higher than the earlier forecast and consensus estimate of $4.85. (See INTC stock analysis on TipRanks).Currently, the Street is sidelined on the stock. The Hold analyst consensus is based on 14 Holds, 6 Buys and 5 Sells. The average price target of $51.44 implies upside potential of about 15.7% to current levels. Shares have dropped by 25.7% year-to-date.Related News: Intel Sinks 9% As 3Q Data-Center Sales Disappoint Skyworks Sees Upbeat 2021 Guidance After A Blowout 4Q ON Semiconductor Quarterly Profit Beats The Street; Analyst Says Buy More recent articles from Smarter Analyst: * Tupperware Nabs $275M Loan To Boost Capital Structure; Stock Up 258% YTD * Humanigen Inks First Asia Licensing Deal For Its Covid-19 Treatment * Twitter Board Confident In Leadership Structure Post Review; Shares Rise * Estée Lauder Beats Q1 Forecasts On Strength in Skincare, Asia Pacific

Intel's 10-Nanometer Challenges Spell a Tougher Fight Against AMD and Others
Tue, 03 Nov 2020 11:30:00 +0000
Based on what has been disclosed and reported to date, Intel seems to be dealing with some difficult technical tradeoffs as it launches 10nm PC and server CPUs.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.