In April, Intel’s worst stocks owned in the second quarter
Technology stocks President Donald Trump’s latest work is sold out today Remarks of customs. Intel Corp (NASDAQ: INTC) Stocks are no exception, at the end, down 1.6%, trading at $22.35, an already steep deficit of 49.4% year-on-year. There will be no bailouts to come as Intel appeared on Rocky White’s worst S&P 500 Index (SPX) stock list in April and the second quarter.
What’s even worse, Intel Stock Next month, he will be one of five performers with bottom. Security has dropped seven of the 10 times in April over the past decade, averaging an average loss of 5.5%, according to White data.
Historic second quarter data creates even more disappointing pictures. Over the past decade, INTC has just tripled the quarter, achieving an average loss of 7.7%. From the current perch, this means that the stock could close around $21 in April, and could just surpass $20 for the quarter.
Despite recent inaction, options traders are still bullish. International Securities Exchange (ISE), CBOE Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) have a 50-day call/put volume ratio of security at 3.00 sq., with 71% of annual readings. This unwinding of optimism could put pressure on the INTC even lower.
It is worth noting that over the past year, stocks typically outweigh options that exceed trader volatility expectations. That’s all Schafer Volatility Scorecard (SVS) 82 out of 100.