Intel hit by another pre-market sell-off, profitable whale further increases short position by $4.5 million

October 30 - According to TradingBeats monitoring, a whale continued to increase short positions in Intel today, with the short position quantity rising from about 79,900 contracts to 146,000 contracts, an increase of approximately 82.7%.

Since today, this account has accumulated a net increase of about 66,100 INTC short contracts, with a net selling turnover of approximately $4.58 million. Among them, during the pre-market session of US stocks, the whale further net sold about $2.37 million, at an average transaction price of $68.07, an increase of about 31.3%.

Currently, this account holds about 146,000 INTC short contracts, valued at approximately $10.058 million, with an overall average position price of $79.52, and a floating profit of about $1.549 million.

During the same period, INTC contracts were quoted at $68.91, about 13.3% lower than its overall position cost. This position uses 10x isolated leverage, with a liquidation price of approximately $82.46.