Home Options INTCReports

INTC

Intel CorporationClose $111.78EOD only

Max Pain

$111.00

Next expiry Jun 5, 2026

Expected Move

±$3.87

3.5% from close

Price Gap

-0.78

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.04

Balanced positioning

Consensus

8.0/10

Bullish tilt

Published snapshot: Jun 4, 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

Jun 4, 2026 close

INTC Directional Report

Analysis based on market close June 4, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Bullish thesis driven by strong bullish flow, pinning gamma at $111, spot near max pain. High vol supports options premium selling. Confidence high at 9/10.

Confidence:

9 / 10

Base 5; +2 GEX/flow alignment; +1 GEX positive pinning; +1 spot near MP; +1 low VIX 15.4

Supports: Bullish flow, $59.3M positive GEX, spot near $111 MP, 0.7% from MP
Conflicts: High vol regime may indicate uncertainty; gamma flip at $80 distant

📈Bullish flow and positive GEX pinning at $111

⚠️High vol regime adds risk but supports premium strategies

🔒Spot at max pain $111 for June 5 expiry

Regime Classification

Vol Regime

High

IV elevated relative to typical range, VIX 15.4 low but stock-specific vol High

Gamma Regime

Pinning

Gamma positive, pinning at $111 (near term) and $110 (mid); flip at ~$80 distant

Flow Regime

Bullish

Net bullish premium flow, put/call ratio low, OI heavy on calls

Spot vs Max Pain

Spot near $111 max pain for June 5, ~0.7% away

Thesis duration: Event-specific — Near-term pinning dynamics around June 5 and June 12 expiries, with strong dealer hedging

Price Range Forecast

Next 2 days

$107.91$115.65

Pinning at $111, support at $107.91

Next 1 week

$101.48$122.08

Resistance $122.08, support $101.48

Next 2 weeks

$98.13$125.43

Structural support $98.13, resistance $125.43

Key Levels

Max pain pins: $111 (2026-06-05); $110 (2026-06-12); $50 (2026-06-18)

EM guardrails: 2d $107.91/$115.65; 1w $101.48/$122.08

Support: $111.00 · $98.13

Resistance: $125.43

Gamma flip: ~$80.00 — Approx — based on put OI concentration of 21,376 (28.4% below spot)

Structural: Max pain pins: $111 (Jun5), $110 (Jun12). EM guardrails 2d $107.91/$115.65; 1w $101.48/$122.08. Gamma flip ~$80.

Dealer Positioning (GEX/DEX)

GEX: $+59.3M

DEX: +200.9M shares

Gamma flip: ~$80 (Approx — based on put OI concentration of 21,376 (28.4% below spot))

NTM gamma: Positive $59.3M GEX, +200.9M shares DEX, gamma flip at ~$80 (put OI concentration 28.4% below spot)

IV Analysis

IV vs VIX: IV elevated vs VIX 15.4; stock-specific risk premium high

Term structure: Front-end elevated, backwardation due to near-term events

Skew: Put skew steep, sell puts at support $107.91 to collect premium

Flow Analysis

Net premium: Net premium $166M positive, P/C vol ratio 0.41, heavy call buying.

Directional prints: 416.4 call 66 ITM 2026-06-05 — Vol 4341 OI 103 (42x), extreme IV; likely aggressive call buying or closing, bullish bias. 74.8 call 109 ITM 2026-06-12 — Vol 5818 OI 388 (15x), strong call demand; bullish. 59 call 111 ITM 2026-06-05 — Vol 12226 OI 1759 (7x), heavy volume near ATM; bullish positioning.

Unusual: 77.7 put 85 OTM 2026-06-26 — Vol 5605 OI 1158 (4.8x), unusual put buying for downside protection or bearish bet. 89.6 call 165 OTM 2026-07-02 — Vol 472 OI 105 (4.5x), far OTM call speculation; high risk.

Risks & Catalysts

!Gamma flip at $80 if spot drops significantly

!High vol regime could amplify moves

!Break below $107.91 support may accelerate selling

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Put credit spread	Strong	Sell 2026-08-21 $95.00/$92.50 put spread Why now: Heavy call flow and pinning gamma support short puts; defined risk caps loss.	If spot breaks below $102, max loss incurred; earnings miss could amplify move.
Bull call spread	Strong	Buy 2026-08-21 $100.00/$150.00 call spread Why now: Low cost debit spread benefits from continued rally; high vol supports call premiums.	If spot stays below lower strike, premium lost; time decay works against.
Bullish risk reversal	Moderate-Strong	Buy 2026-08-21 $150.00 call / sell 2026-08-21 $90.00 put Why now: High vol environment makes calls cheap relative to puts; bullish skew.	Unlimited downside if spot crashes; margin capital required.

Top Plays

Short Put Spread

Sell 2026-08-21 $95.00/$92.50 put spread

Sell $95/$92.5 put spread to collect premium with defined risk.

Why this play: Low risk, high probability; benefits from strong bullish flow and pinning gamma.

Credit: $0.90-$1.10

Max loss: $1.40

BE: $93.90

Mgmt: Close at 50% profit or if INTC drops below $111.

Conservative traders seeking steady income with limited downside.

Bull Call Spread

Buy 2026-08-21 $100.00/$150.00 call spread

Buy $100/$150 call spread to gain leveraged upside exposure.

Why this play: Low cost debit spread; capitalizes on continued rally with capped loss.

Debit: $14.06-$17.19

Max loss: $17.19

BE: $117.19

Mgmt: Take profit near 150; stop loss if spot below $111.

Moderately bullish traders who want limited risk.

Bullish Risk Reversal

Buy 2026-08-21 $150.00 call / sell 2026-08-21 $90.00 put

Buy $150 call, sell $90 put to profit from bullish move with short put obligation.

Why this play: High vol environment makes calls cheap; unlimited upside but high risk.

Debit: $0.81-$0.99

Max loss: $90.00

BE: $90.00

Mgmt: Monitor closely; roll up put if stock falls below $100.

Aggressive traders with high conviction and risk tolerance.

Watchlist Triggers

Entry Triggers

IFINTC holds above $111 support → Sell $95/$92.5 put spread (2026-08-21)

IFINTC breaks above $115.65 (2d upper guardrail) → Buy $100/$150 call spread (2026-08-21)

IFINTC holds above $111 → Buy $150 call / sell $90 put (2026-08-21)

Exit Triggers

EXITINTC drops below $111 → Close $95/$92.5 put spread

EXITINTC falls below $111 → Close $100/$150 call spread

EXITINTC drops below $111 → Close risk reversal (buy back $90 put, sell $150 call)

Tactical Summary

Bullish bias with strong call flow, pinning gamma at $111. Key support $111, resistance $115.65 (2d EM). High vol favors premium selling. Top plays: short put spread, bull call spread, bullish risk reversal.

How to Use These Reports

This directional reflects the market close on June 4, 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.