Home Options INTCReports

INTC

Intel CorporationClose $99.17EOD only

Max Pain

$109.00

Next expiry Jun 12, 2026

Expected Move

±$9.60

9.7% from close

Price Gap

+9.83

Distance to max pain

IV Rank

High premium

P/C OI

1.04

Balanced positioning

Consensus

6.5/10

Bearish tilt

Published snapshot: Jun 5, 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 5, 2026 close

INTC Directional Report

Analysis based on market close June 8, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Bullish near-term bias supported by strong positive gamma and bullish flow. Spot above max pain $106, which acts as support. High vol and resistance at $120 are cautionary.

Confidence:

8 / 10

Base 5; +2 GEX/flow aligned; +1 GEX support at MP; -0.5 spot 4% above MP; +0.5 VIX 19.

Supports: Positive gamma ($62.2M), bullish flow, support at $106 MP, price range bullish.
Conflicts: Spot 4% above MP, high vol, resistance $120.

📌Max pain $106 acts as strong support; spot likely holds above it.

📈GEX +$62.2M and DEX +199M shares align bullishly.

⚠️High vol and $120 resistance add caution; manage risk.

Regime Classification

Vol Regime

High

IV elevated reflecting event-driven uncertainty; typical for stock in breakdown/recovery.

Gamma Regime

Pinning

Strong positive gamma ($62.2M) provides pinning support near $106; gamma flip not a risk.

Flow Regime

Bullish

Net premium bullish from flow, reinforcing upward bias.

Spot vs Max Pain

Above

Spot at ~$110 is 4% above $106 max pain; positive gamma supports price near MP as floor.

Thesis duration: Event-specific — Weekly expiration concentration and max pain dynamics create near-term directional bias.

Price Range Forecast

Next 1 week

$97.17$123.37

Supported by positive gamma and bullish flow; support at $106.

Next 2 weeks

$93.57$126.97

Resistance at $123.37; above that targets $126.97.

Key Levels

Max pain pins: $106 (2026-06-12); $50 (2026-06-18); $112 (2026-06-26)

EM guardrails: 1w $97.17/$123.37

Support: $106.00 · $93.57

Resistance: $120.00 · $126.97

Structural: Max pain $106 support, support $106/$93.57, resistance $120/$126.97, no gamma flip below spot.

Dealer Positioning (GEX/DEX)

GEX: $+62.2M

DEX: +199.2M shares

Gamma flip: N/A

NTM gamma: GEX +$62.2M (strong positive), DEX +199.2M shares; dealers long gamma, pinning and suppressing vol.

IV Analysis

IV vs VIX: IV elevated vs VIX (18.92), reflecting idiosyncratic risk.

Term structure: Term structure steep near expiration; front-end elevated due to event pinning.

Skew: Put skew high; positive gamma makes selling puts attractive; consider short put spreads near $106.

Flow Analysis

Net premium: Net $190M call flow, P/C vol ratio 0.46, bullish.

Directional prints: 91.6 call 120 OTM 2026-06-12 — 31k vol vs 4.5k OI (6.9x), OTM, likely bought. 90.3 call 115 OTM 2026-06-12 — 27k vol vs 3.9k OI (6.9x), OTM, likely bought.

Unusual: 83.9 call 120 OTM 2026-07-10 — 2.7k vol vs 167 OI (16.1x), OTM call, unusual ratio. 125.8 put 79 OTM 2026-06-12 — 1.3k vol vs 152 OI (8.6x), deep OTM put, small premium. 89.4 put 112 ITM 2026-06-12 — 2.7k vol vs 416 OI (6.6x), OTM put, possible hedging.

Risks & Catalysts

!Upside breakout above $120 could accelerate gains but squeeze dealers.

!Downside catalyst could break $106 support leading to gamma unwind.

!Volatility crush post-expiration may reduce option premiums.

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Put credit spread	Moderate-Strong	Sell 2026-08-21 $105.00/$100.00 put spread Why now: Bullish flow, positive gamma, and P/C vol 0.46 support upside; selling put spread captures premium below support.	Downside catalyst could break $106 support, triggering gamma unwind and max loss.
Bull call spread	Moderate-Strong	Buy 2026-08-21 $120.00/$125.00 call spread Why now: Heavy OTM call flow at $120 and bullish gamma support further upside; bull call spread limits cost.	Upside breakout above $120 could squeeze but spread caps gains; resistance at $120 may stall.
Bullish risk reversal	Moderate	Buy 2026-08-21 $120.00 call / sell 2026-08-21 $105.00 put Why now: Strong call flow and bullish bias; risk reversal provides upside participation funded by put premium.	Downside break below $105 could cause losses on short put; undefined put risk if held to expiry.

Top Plays

Bullish Risk Reversal

Buy 2026-08-21 $120.00 call / sell 2026-08-21 $105.00 put

Buy $120 call, sell $105 put to profit from upside while funding premium.

Why this play: Unlimited upside with minimal cost, directly leverages strong call flow and bullish bias.

Debit: $0.11-$0.14

Max loss: $105.00

BE: $105.00

Mgmt: Monitor $106 support; adjust if breached.

Bullish traders seeking leveraged upside with defined risk on downside.

Bull Call Spread

Buy 2026-08-21 $120.00/$125.00 call spread

Buy $120/$125 call spread to capture upside above resistance.

Why this play: Limited cost exposure to heavy OTM call flow at $120, defined risk/reward.

Debit: $1.40-$1.71

Max loss: $1.71

BE: $121.71

Mgmt: Close near $125 or roll if momentum stalls.

Moderate bullish traders wanting capped risk and clear profit target.

Put Credit Spread

Sell 2026-08-21 $105.00/$100.00 put spread

Sell $105/$100 put spread to profit from price staying above $105.

Why this play: Captures premium below support, aligns with bullish sentiment but less aggressive.

Credit: $2.27-$2.78

Max loss: $2.22

BE: $102.22

Mgmt: Exit if price nears $106 support zone.

Bullish but cautious traders seeking income with buffer.

Watchlist Triggers

Entry Triggers

IFIF spot holds above $106 support → THEN enter bullish risk reversal (INTC_RR_1): buy $120 call, sell $105 put

IFIF spot breaks above $120 resistance → THEN buy bull call spread (INTC_BCS_1): $120/$125 call spread

Exit Triggers

EXITIF spot breaks below $106 support → THEN exit all bullish positions

Tactical Summary

Bullish bias, support $106. Use risk reversal for leverage, call spread for defined risk. Exit on $106 breakdown. Earnings 2026-07-23.

How to Use These Reports

This directional reflects the market close on June 8, 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.