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TSM--

intc solid company promising turnaround partnerships samsung bright future price high forward pe

$INTC is a solid company with a promising turnaround. With strong partnerships with TSMC and Samsung, it's set for a bright future. But the price is high, way beyond what it should be. The forward P/E doesn't make sense at these levels. Maybe 60-80 is fair. I took a put option, strike 120.00, expiry 01-15-27, price around 31.

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