Home Options INTCReports

INTC

Intel CorporationClose $119.84EOD only

Max Pain

$107.00

Next expiry May 29, 2026

Expected Move

±$9.95

8.3% from close

Price Gap

-12.84

Distance to max pain

IV Rank

High premium

P/C OI

1.08

Balanced positioning

Consensus

7.5/10

Bullish tilt

Published snapshot: May 22, 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 22, 2026 close

INTC Directional Report

Analysis based on market close May 26, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Bullish thesis based on bullish flow, positive gamma pinning, and spot above max pain. Confidence 8.0 from strong alignment of GEX/flow, offset by wide spot-MP distance.

Confidence:

8 / 10

Base 5; +2 GEX/flow aligned; +1 GEX pinning; -1 spot 12.3% from MP; +1 VIX 17 low vol environment.

Supports: Bullish flow, positive dealer gamma, spot above support/resistance levels favoring upside.
Conflicts: Spot far from max pain ($110), high vol regime, and no nearby gamma flip.

📈Bullish flow and dealer gamma strongly aligned, confidence 8/10.

⚠️Spot 12% above max pain; pinning less reliable at this distance.

🛡️Support $104.34 and resistance $130 intersect with EM guardrails.

Regime Classification

Vol Regime

High

Vol regime High; implied vol likely elevated relative to VIX 17, suggesting rich IV.

Gamma Regime

Pinning

Gamma regime Pinning; +$81.6M dealer gamma with max pain at $110 across three expiries, supporting pinning.

Flow Regime

Bullish

Flow regime Bullish; net premium positive, indicating call buying dominance.

Spot vs Max Pain

Above

Spot above MP at $126.50 vs $110; typical bullish posture but wide gap reduces pinning reliability.

Thesis duration: Multi-week — Price ranges extend to 2 weeks, dealer gamma provides structural support, no single event driving near-term action.

Price Range Forecast

Next 2 days

$114.32$132.72

EM guardrails $114.32-$132.72; gamma support near $110.

Next 1 week

$108.12$138.92

Wider range $108.12-$138.92; flow and gamma favor upside test of $130 resistance.

Next 2 weeks

$104.34$142.69

Range $104.34-$142.69; structural support if pullback to $104.34 holds.

Key Levels

Max pain pins: $110 (2026-05-29); $110 (2026-06-05); $110 (2026-06-12)

EM guardrails: 2d $114.32/$132.72; 1w $108.12/$138.92

Support: $104.34

Resistance: $130.00 · $142.69

Structural: Max pain $110 (May29/Jun5/Jun12); EM guardrails 2d $114.32/$132.72, 1w $108.12/$138.92; support $104.34; resistance $130 and $142.69.

Dealer Positioning (GEX/DEX)

GEX: $+81.6M

DEX: +201.9M shares

Gamma flip: N/A

NTM gamma: Dealer gamma +$81.6M, delta +201.9M shares; no gamma flip within 30% below spot.

IV Analysis

IV vs VIX: Ticker IV likely rich relative to VIX 17 given high vol regime; indicates elevated option premiums.

Term structure: No input provided; assume normal contango with no major event kinks.

Skew: Skew not specified; typical tech skew may favor puts on rallies or calls on dips.

Flow Analysis

Net premium: Only calls; net premium strongly bullish.

Directional prints: 91 call 126 OTM 2026-06-05 — Vol/OI 17.7; aggressive call buying, likely bullish directional bet. 88.6 call 123 ITM 2026-05-29 — Vol/OI 10.7; heavy call volume, bullish momentum.

Unusual: 91 call 126 OTM 2026-06-05 — Vol/OI 17.7; extreme relative volume, likely bought. 96.5 call 160 OTM 2026-06-12 — Vol/OI 11.1; OTM call sweep, speculative upside. 88.6 call 123 ITM 2026-05-29 — Vol/OI 10.7; large call block, bullish.

Risks & Catalysts

!Earnings risk (next report unknown)

!Semiconductor sector rotation

!Macro headwinds from rate or trade policy

!Failure to hold support $104.34

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Strong	Buy 2026-08-21 $125.00/$170.00 call spread Why now: Defined-risk debit spread capturing upside with limited capital outlay, aligns with bullish thesis and high confidence.	Max loss is net debit paid if spot stays below long strike; upside capped at short strike.
Put credit spread	Moderate-Strong	Sell 2026-08-21 $115.00/$110.00 put spread Why now: Defined-risk bullish strategy that profits from spot staying above short strike; consistent with high IV and bullish flow.	Max loss is width of spread minus credit received if spot falls below long strike.
Bullish risk reversal	Moderate-Strong	Buy 2026-08-21 $135.00 call / sell 2026-08-21 $110.00 put Why now: Financing call purchase by selling put; captures upside with reduced net debit, suited for high-confidence bullish view.	Unlimited upside if stock rallies; downside risk on put sale if stock drops below strike.
Call diagonal	Conditional	Sell 2026-06-12 $126.00 call / buy 2026-08-21 $125.00 call Why now: Near-term optionality has high IV (89% vs 88% back-month); selling front-month premium funds longer-dated bullish exposure.	If stock rallies sharply, short call may be assigned; time decay works against long leg if not managed.

Top Plays

Bull Call Spread

Buy 2026-08-21 $125.00/$170.00 call spread

Captures upside with limited capital outlay, leveraging positive gamma and bullish flow.

Why this play: Best aligned with bullish thesis; defined risk with high confidence and strong call flow.

Debit: $10.42-$12.73

Max loss: $12.73

BE: $137.73

Mgmt: Exit if spot breaches invalidation level ($104.34) or near expiration if profitable.

Traders seeking defined risk and direct bullish exposure with high conviction.

Put Credit Spread

Sell 2026-08-21 $115.00/$110.00 put spread

Sells put premium with defined risk, benefiting from spot staying above short strike.

Why this play: Profits from time decay and high IV while maintaining bullish bias; lower risk than call spread.

Credit: $2.16-$2.64

Max loss: $2.36

BE: $112.36

Mgmt: Monitor IV; close if spot falls below short strike or near expiration for max profit.

Income-focused traders expecting spot to remain stable or rise moderately.

Bullish Risk Reversal

Buy 2026-08-21 $135.00 call / sell 2026-08-21 $110.00 put

Finances call purchase by selling put, capturing leveraged upside if spot rallies.

Why this play: Unlimited upside potential with reduced net debit; suited for high-confidence aggressive view.

Debit: $3.76-$4.59

Max loss: $110.00

BE: $110.00

Mgmt: Adjust if spot drops near put strike; take profits on call if upside target met.

Aggressive traders with high conviction and tolerance for large downside risk.

Watchlist Triggers

Entry Triggers

IFSpot pulls back to $114.32 (2d lower guardrail) and holds above $104.34 → Buy 2026-08-21 $125/$170 call spread at market (entry debit $10.42-$12.73)

IFSpot remains above $115 and below $130, IV elevated → Sell 2026-08-21 $115/$110 put spread for credit $2.16-$2.64

IFSpot breaks above $130 on strong volume → Enter bullish risk reversal: buy $135 call / sell $110 put Aug21 (net debit $3.76-$4.59)

Exit Triggers

EXITSpot closes below $104.34 → Close all bullish positions to cap losses

Tactical Summary

Bullish bias (8/10). Buy dips to EM guardrails with bull call spread or sell put spread. On breakout above $130, add risk reversal. Exit if $104.34 breaks. Position for multi-week rally ahead of earnings 7/23.

How to Use These Reports

This directional reflects the market close on May 26, 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.