Intel reports earnings after the close on Tuesday. Jim Strugger, Derivatives Strategist at MKM Partners tells TheStreet’s Jill Malandrino that the options market sees an implied move of just over 4% following the earnings print. Options traders find this data by reviewing the at-the-money straddle because it provides clues into the magnitude of the move. Strugger reviews a long call strategy investors can employ. MKM Partners’ analysts write research on Intel and have a $40 price target on the stock with a buy rating. Going long calls is a bullish strategy investors can use to add more leverage and control risk exposure a bit more than just buying shares.
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