Intel set for near-term move as memory-chip option flow intensifies
Sep 18, 2026, 11:02 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Unconfirmed but sizable near-term call flow on INTC suggests potential upside pressure into Oct 2 expiry; past episodes show options activity can precede short-term moves, especially when tied to memory/AI names and a known fund, though attribution remains uncertain.
AI summary
What happened, with direct paths to the underlying reporting
Jim Cramer highlighted a wave of short-dated call buying across memory and chip names, with Intel near-term bets seen around the $115 strike. The activity ties to a well-known hedge fund, though attribution remains unconfirmed. If sustained, the flow could support near-term volatility into October expiration, especially as Micron's results spark broader memory-name momentum.
Cramer notes $90M-plus short-dated call flow across memory and chip names.
Intel Oct 2 calls at $115 strike worth about $3.8M.
Leopold Aschenbrenner-linked flow; attribution unconfirmed.
Memory peers Micron and Sandisk rally amid the flow.
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