Intel Is Out of the Momentum 40 List after a 138% Gain (opens in new tab)

INTC joined the Momentum 40 list 9 weeks ago, on March 13th, when it was still working on its base. The stock just exited the list after a 138% again. The exit might be too early. Its slightly out-of-the-money $50 May-15 Calls were trading around $3 at the time and ended the period near $59, reaching $80 on May 11th. I didn’t buy the Calls, but it is good to be aware of how much the options of strong trending stocks are capable of.Every week, the Momentum 40 list highlights 40 of the current ...