HomeFinance NewsOptions trade capitalizing on Intel weakness Friday.

Options trade capitalizing on Intel weakness Friday.

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A recent report detailing China’s directive to cut out foreign chipmakers in three years has caused Intel and AMD to suffer a blow in the stock market. Despite this setback, Intel is determined to make a comeback and regain its relevance in the chipmaking industry. With the unveiling of its latest artificial intelligence chip, Gaudi 3, Intel is looking to challenge AI leader Nvidia and capture a larger share of the market.

The trade strategy proposed in response to Intel’s drop in stock value involves selling a put spread to capitalize on the increased volatility. By selling the INTC May 17 $36 put and buying the $33 put, investors can potentially collect a net credit of $1.15 per lot sold. This approach not only aims to generate income for investors, but also presents an opportunity to acquire shares of Intel at a discounted price. Despite the challenges faced by Intel, the company’s determination to innovate and compete in the industry suggests a promising future ahead.

In light of China’s efforts to favor domestic chipmakers, Intel’s resilience in the face of adversity highlights its commitment to staying relevant in the market. By introducing new products like the Gaudi 3 AI chip and exploring strategic trading opportunities, Intel demonstrates its willingness to adapt and thrive in an ever-evolving industry. Investors may find value in monitoring Intel’s progress and considering trading strategies that leverage the company’s potential for growth and success.

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