3:35pm (EST)
I have another Profit Alert for Intel (INTC) ahead of the closing bell.
Profit Alert!
Intel (INTC, $28.76, up $0.30)
INTC April 27.50 puts (INTC230421P00027500, $0.70, down $0.05)
Entry Price: $0.55 (3/17/2023)
Exit Target: $1.10 (closed 1/3 @ $0.90 on 3/21/23)
Return: 27%
Stop Target: 60 cents (Stop Limit)
Action: The Stop Limit at 60 cents on the remaining two-thirds of the trade has tripped. The average closing price was 70 cents with the trade returning 27% in five days.