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INTC

Intel CorporationClose $118.50EOD only

Max Pain

$110.00

Next expiry May 22, 2026

Expected Move

±$4.28

3.6% from close

Price Gap

-8.50

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.08

Balanced positioning

Consensus

6.0/10

Bullish tilt

Published snapshot: May 21, 2026 close

End-of-day snapshot

This page reflects INTC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 21, 2026 close

INTC Directional Report

Analysis based on market close May 22, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Outlook

Bullish bias, upside to $125-$130. Positive gamma pinning at $110, bullish flow. Elevated IV prices event risk. Key risk: breakdown below $110 to gamma flip $90.

Confidence:

8 / 10

Base 5; +2 GEX/flow alignment; +1 positive gamma pin; -1 distance to MP; +1 VIX 17. Net 8/10.

Supports: Bullish flow, +$312.7M GEX, support at $110.
Conflicts: Spot above MP, gamma flip $90, high vol may be priced in.

🛡️Dealer gamma pinning at $110 provides strong support.

📈Bullish flow signals institutional accumulation.

🎯Resistance at $125; breakout targets $130-$135.

⚠️Elevated IV offers premium selling near resistance.

Regime Classification

Vol Regime

High

High — IV elevated vs VIX, event-driven uncertainty.

Gamma Regime

Pinning

Pinning — strong positive gamma at $110, GEX $312.7M, flip at $90.

Flow Regime

Bullish

Bullish — net premium flow positive, low put/call ratio.

Spot vs Max Pain

Above

Above MP by 8.9% — spot above max pain, support at $110.

Thesis duration: Multi-week — Structural support $105-$110, resistance $125-$135; weekly pinning events.

Price Range Forecast

Next 1 week

$109.89$129.79

Support $110, resistance $125-$130.

Next 2 weeks

$104.91$134.76

Support $105, resistance $134.76.

Key Levels

Max pain pins: $110 (2026-05-22); $107 (2026-05-29); $110 (2026-06-05)

EM guardrails: 1w $109.89/$129.79

Support: $110.00 · $104.91

Resistance: $125.00 · $130.00 · $134.76

Gamma flip: ~$90.00 — Approx — based on put OI concentration of 23,124 (24.9% below spot)

Structural: Support: $110 (pin), $104.91 (2w low). Resistance: $125, $130, $134.76. Gamma flip $90.

Dealer Positioning (GEX/DEX)

GEX: $+312.7M

DEX: +206.8M shares

Gamma flip: ~$90 (Approx — based on put OI concentration of 23,124 (24.9% below spot))

NTM gamma: Positive gamma $312.7M; gamma flip ~$90 from put concentration.

IV Analysis

IV vs VIX: Rich vs VIX, event premium priced in.

Term structure: Upward sloping into weekly events.

Skew: Put-heavy skew; consider selling puts at support or call spreads.

Flow Analysis

Net premium: Bullish net premium ~$153M; P/C vol ratio 0.69 (call-heavy), OI ratio 1.08 (slightly put-heavy).

Directional prints: 17.2 call 122 OTM 2026-05-22 — Vol/OI 11.4; low IV suggests bought calls; preferred read: bullish. 8 put 120 ITM 2026-05-22 — Vol/OI 8.7; low IV indicates put selling or hedging; preferred read: neutral-bullish. 71.4 call 129 OTM 2026-05-29 — Vol/OI 8.7; high IV suggests aggressive call buying; preferred read: bullish.

Unusual: 130.5 put 77 OTM 2026-05-29 — Vol/OI 49; extreme deep OTM puts likely bearish speculation; preferred read: bearish. 70 put 119 OTM 2026-05-29 — Vol/OI 23.3; high vol/OI OTM puts indicate aggressive bearish bet; preferred read: bearish. 81 call 155 OTM 2027-03-19 — Vol/OI 13.7; long-dated OTM calls unusual; bullish speculation; preferred read: bullish.

Risks & Catalysts

!Break below $110 support triggers gamma flip.

!Event-driven IV compression post-settlement.

!Macro risk shifting sentiment.

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Moderate-Strong	Buy 2026-07-17 $120.00/$125.00 call spread Why now: Positive flow and gamma pin support upside.	Break below $110 flips gamma.
Cash-secured put	Moderate	Sell 2026-07-17 $110.00 cash-secured put Why now: Bullish bias, support at $110.	Break below $110 leads to assignment.
Call diagonal	Moderate	Sell 2026-06-05 $125.00 call / buy 2026-07-17 $120.00 call Why now: Elevated near-term IV, own back month.	Upside rally beyond short strike caps gains.

Top Plays

Bull Call Spread

Buy 2026-07-17 $120.00/$125.00 call spread

Buy $120 call, sell $125 call to capture bullish move.

Why this play: Directly targets upside to $125-$130 with defined risk.

Debit: $1.82-$2.23

Max loss: $2.23

BE: $122.23

Mgmt: Exit at target or if $110 breaks; hold through earnings.

Traders seeking limited-risk bullish exposure.

Call Diagonal

Sell 2026-06-05 $125.00 call / buy 2026-07-17 $120.00 call

Sell short-term $125 call, buy longer-term $120 call.

Why this play: Captures elevated near-term IV while owning back month.

Debit: $8.33-$10.18

Max loss: $10.18

BE: Path-dependent

Mgmt: Roll short call if tested; close if $110 breaks.

Traders expecting near-term IV crush and upside.

Cash-Secured Put

Sell 2026-07-17 $110.00 cash-secured put

Sell $110 put to collect premium at key support.

Why this play: Profits from support at $110 with bullish bias.

Credit: $8.24-$10.07

Max loss: $99.93

BE: $99.93

Mgmt: Buy back if $110 breaks; roll if neutral.

Income-focused traders comfortable with assignment risk.

Watchlist Triggers

Entry Triggers

IFPrice holds above $110 support with bullish flow and gamma pin → Buy 2026-07-17 $120/$125 bull call spread at $1.82-$2.23 debit

IFNear-term IV elevated and price above $110 → Sell 2026-06-05 $125 call / buy 2026-07-17 $120 call diagonal for $8.33-$10.18 credit

IFPrice at $110 with bullish bias → Sell 2026-07-17 $110 cash-secured put for $8.24-$10.07 premium

Adjustment Triggers

ADJShort call of diagonal tested at $125 → Roll short call to higher strike or later expiration

Exit Triggers

EXITPrice breaks below $110 invalidation level → Close all bullish positions; consider bearish strategies

EXITPrice reaches $125-$130 resistance zone → Take profits on bull call spread; consider adjusting diagonal

Tactical Summary

Bullish bias with support at $110. Key resistance $125-$130. Upside targets $125-$130. Invalidation below $110. Preferred strategies: bull call spread ($120/$125), call diagonal, cash-secured put. Manage risk on $110 break.

How to Use These Reports

This directional reflects the market close on May 22, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.