$Intel(INTC)$ Noticed two roun

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$Intel(INTC)$ Noticed two rounds of aggressive buying in the Aug 21 $115 calls today. One wave came in around midday with about $940K bought at the ask across 1,504 contracts, and another large ask-side buying wave followed shortly after. It feels more like institutional positioning to me, and I think the $100 level should keep acting as key support. If that holds, these call buyers might be setting up for a move higher into earnings. Just watching now to see if the buying continues.

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