Intel and Amazon's AWS announced today a co-investment in custom chip designs under a multi-year, multi-billion-dollar framework covering product and wafers from Intel. Currently +8% in after hours after a +6% day.
A lot of discussion going around Intel today after some great news about the company. I was curious to see if there was any options activity that was going on towards the 22 strike, which is the stock price after hours.
This isn't a sensational post about "follow all options flow", but take a look at the most active contract today, and you see 21.5 strike Intel calls. That's pretty nice. We had a thread yesterday on whether flow works or not, this is a nice little example.
Intel up 10% after hours on news, guess the most active contract today!
byu/Blotter-fyi inoptions
Posted by Blotter-fyi
1 Comment
This seems annecdotal. The overall trend the post underlied was about riding a positive/negative wave at the back of new option contracts being written.
This is just luck or insider trading, they released these news without anyone expecting them. Yes, it worked for them, but it was not the spirit of the post imo