Account’s INTC Contract Short Position Jumps 82.7% to 146,000 Units

An account’s short position in Intel (INTC) contracts grew to about 146,000 units on Friday, Oct. 30, after the account added roughly 66,100 units and recorded $4.58 million in net sales.

The position rose from about 79,900 units, an increase of 82.7%. Before the U.S. market opened, the account recorded about $2.37 million in net sales at an average price of $68.07, expanding the position by about 31.3%.

The position was valued at roughly $10.06 million, with an average entry price of $79.52 and about $1.55 million in unrealized profit. The INTC contract was quoted at $68.91 in the same snapshot, 13.3% below the position’s average entry price.

The position used 10x isolated leverage, with a liquidation price near $82.46.