Intel landed on the trader radar after Bank of America upgraded the chip maker to 'Buy' with a $27 price target.

Should you follow BofA's call?

Pete Najarian seems to think so. He likes the chip space broadly and Intel in particular. "I think there's more upside here," he says.

However, the market has been so erratic lately, you might prefer to define your risk by using  an options trade.

If that's the case, get all the details from Mike Khouw. Watch the video now!

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