Intel has been on a parabolic move higher and the third quarter earnings report confirmed that this battered and bruised former chip champion is back. I want to add to my current Intel long position by using an options strategy that defines my risk as this under loved tech name is now up nearly 100% on the year. The beaten-down chip maker brought in a new CEO, Lip-Bu Tan, earlier in the year to help it regain lost ground in a market now dominated by Nvidia (NVDA) , Advanced Micro Devices (AMD) , and Taiwan Semi (TSM) . President Trump did suggest that the CEO step down and then did a quick 180-degree turn after the CEO visited the White House. That proved to be a strategic and wise meeting as the stock has nearly doubled since then. I have had a long-term view that Intel was an essential n

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