Someone Just Spent a Quarter Billion Dollars on Intel Calls

One trade. 63,500 contracts. $241.6 million in premium. All at once. On June 12th at 2:29 PM someone placed the largest single options block we have ever covered on Signal vs Noise. Deep in the money September $97.50 calls on Intel while the stock was trading at $125.60. This is not a lottery ticket. This is a leveraged long position saying Intel stays elevated through September. The same day Bank of America upgraded Intel from underperform straight to buy, skipping neutral entirely which almost never happens. Intel is up 190 percent year to date. The US government owns 9.9% of it via the CHIPS Act. Apple Microsoft and Amazon are all in talks. Q1 revenue beat by 9.3%. EPS came in at $0.29 versus a $0.02 estimate. The verdict: all signal. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom Preston's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 The biggest single options trade we have ever covered 0:22 63,500 contracts: $241.6 million all at once 0:47 Deep in the money calls: what this trade is actually saying 1:14 Bank of America upgrade: underperform straight to buy 1:45 Jim Cramer calls Intel more important than Nvidia 2:01 Trump praised Intel when it was at $80. Now it is at $128 2:14 US government owns 9.9 percent via the CHIPS Act 2:40 Intel up 463 percent from lows, 190 percent year to date 3:05 Q1 revenue beat 9.3 percent, EPS $0.29 vs $0.02 estimate 3:24 The risk: net income still negative $3.73 billion GAAP 3:38 Apple Microsoft Amazon all in talks with Intel 4:22 Signal or noise: the verdict #Intel #INTC #OptionsTrading #SignalVsNoise #tastylive #SmartMoney #CHIPSAct #Semiconductors tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.