MomentumOptions.com Profit Alert (INTC) for 12/29/2022

11:00am (EST)

I have a Profit Alert for INTC as shares have reclaimed the $26 level.

Profit Alert!

Intel (INTC, $26.07, up $0.53)

INTC January 26 puts (INTC230120P00026000, $0.90, down $0.25)

Entry Price: $0.85 (12/16/2022)
Exit Target: $1.70
Return: 6% 
Stop Target: 90 cents (Stop Limit)

Action: The Stop Limit at 90 cents has tripped this morning to take us out of the trade for a slight profit.