1:40pm (EST)
I have a New Trade this afternoon on a stock we remain bearish on that continues to struggle at the 200-day moving average.
New Trade!
Intel (INTC, $29.43, up $0.07)
Sell to Open INTC April 27.50 puts (INTC230421P00027500, $0.45, down $0.11)
Action: I like these put options at current levels and you can use a Limit Order up to 60 cents to get the best fills. These are the regular INTC April 27.50 puts that expire on April 21st, 2023.