3:05pm (EST)
We have a Profit Alert as shares of INTC failed to hold yesterday’s gains.
Profit Alert!
Intel (INTC, $42.79, down $2.82)
INTC April 48 calls (INTC240419C00048000, $0.85, down $0.65)
Entry Price: $0.90 (3/4/2024)
Exit Target: $2.70
Return: 17%
Stop Target: $1.05 (Stop Limit)
Action: The Stop Limit at $1.05 has tripped on today’s weakness. We will keep INTC on the Watch List for another possible reentry point.