# Intel Corporation (INTC) is up over 4% in midday trading at $64.86, up significantly from its recent low of $41.19 on March 30.

*business · news · 2026-04-13 · Barchart*

## Key points

- Intel is collaborating with Elon Musk on the SpaceX and Tesla 'Terafab' chip project.
- Unusual options activity shows 85x more $64 puts and 33x more $80 calls traded.
- Shorting $64 puts yields 2.875% and offers a $62.16 breakeven if assigned.
- Shorting $80 calls for May 8 expiry yields 2.03% and a potential 25% total return.
- Options activity suggests institutional investors are increasingly bullish on Intel stock.

**Companies:** Intel Corporation, Tesla, Inc.
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1279158/intel-stock-has-large-unusual-options-trades-investors-are-bullish-on-intc)

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