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INTC

Intel CorporationClose $107.92EOD only

Max Pain

$107.00

Next expiry Jun 12, 2026

Expected Move

±$8.00

7.4% from close

Price Gap

-0.92

Distance to max pain

IV Rank

High premium

P/C OI

1.02

Balanced positioning

Consensus

7.0/10

Range bias

Published snapshot: Jun 9, 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 9, 2026 close

INTC Directional Report

Analysis based on market close June 10, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Strong bullish bias with pinning near $106 max pain, supported by positive gamma ($+53.1M) and massive dealer long exposure (+200M shares). High vol regime implies potential expansion but pinning forces near-term range. Confidence very high.

Confidence:

9 / 10

Base 5 from technical alignment; +2 GEX/flow strongly aligned; +1 positive gamma pinning; +1 spot 1% from MP.

Supports: GEX +53.1M, DEX +200.4M, spot at max pain, vol high but pinning
Conflicts: Flow mixed, gamma flip risk at $105, high vol could break pin

📌Spot pinned near $106 max pain with dealer gamma support

💰Dealer long exposure massive at +200M shares, strong buying pressure

⚠️Gamma flip at $105 – break below triggers negative delta hedging

Regime Classification

Vol Regime

High

High vol regime (VIX 22.2) with IV elevated vs VIX, implying rich premiums.

Gamma Regime

Pinning

Positive gamma $+53.1M; spot at $106 MP creates pinning; flip risk at $105.

Flow Regime

Mixed

Mixed flow with neutral net premium; no strong directional conviction.

Spot vs Max Pain

Spot at $106, right on max pain for 6/12 weekly expiry.

Thesis duration: Event-specific — Near-term expiry pinning dominates; thesis tied to June 12 weekly and June 18 monthly OPEX.

Price Range Forecast

Next 2 days

$99.82$114.27

Pinning holds, bias toward upper half of $99.82-$114.27 range.

Next 1 week

$95.12$118.97

Potential drift to $111 (June 26 MP) if gamma holds.

Next 2 weeks

$91.32$122.77

Wider $91.32-$122.77 range; risks of vol expansion.

Key Levels

Max pain pins: $106 (2026-06-12); $50 (2026-06-18); $111 (2026-06-26)

EM guardrails: 2d $99.82/$114.27; 1w $95.12/$118.97

Support: $106.00 · $105.00 · $91.32

Resistance: $122.77

Gamma flip: ~$105.00 — Approx — based on put OI concentration of 22,511 (1.9% below spot)

Structural: Max pain pins: $106 (6/12), $50 (6/18), $111 (6/26). EM guardrails: 2d $99.82/$114.27, 1w $95.12/$118.97. Support: $106, $105, $91.32. Resistance: $122.77. Gamma flip ~$105.

Dealer Positioning (GEX/DEX)

GEX: $+53.1M

DEX: +200.4M shares

Gamma flip: ~$105 (Approx — based on put OI concentration of 22,511 (1.9% below spot))

NTM gamma: Positive gamma $+53.1M with flip at ~$105; net dealer long 200.4M shares; pinning support near $106.

IV Analysis

IV vs VIX: IV elevated relative to VIX (22.2), implying rich premium typical of high vol regime.

Term structure: Contango with kinks around OPEX dates; near-term implied vol elevated.

Skew: Puts slightly elevated due to flip risk; opportunity: short puts below $105 for theta decay if pin holds.

Flow Analysis

Net premium: Net premium +$38.4M with P/C vol ratio 0.81 (call-heavy) and OI ratio 1.03 (slightly put-heavy).

Directional prints: 92.9 call 110 OTM 2026-06-12 — Vol/OI 2.3; 21.9k vol vs 9.6k OI; high volume suggests opening call buying. Likely bought, bullish. Preferred read: bullish. 92 put 106 OTM 2026-06-12 — Vol/OI 6.7; 12.9k vol vs 1.9k OI; extreme ratio suggests new put buying. Likely bought, bearish. Preferred read: bearish.

Unusual: 95.8 call 107 ITM 2026-06-12 — Vol/OI 5.3; 7.9k vol vs 1.5k OI; high ratio indicates new call buying. Likely bought, bullish. Preferred read: bullish. 91.4 call 115 OTM 2026-07-24 — Vol/OI 4.4; 2.6k vol vs 592 OI; opening call buying. Likely bought, bullish. Preferred read: bullish. 87.7 put 77.5 OTM 2026-07-17 — Vol/OI 3.1; 4.4k vol vs 1.4k OI; deep OTM put buying, likely bearish speculation. Preferred read: bearish.

Risks & Catalysts

!Gamma flip below $105 triggers aggressive dealer selling

!Vol crush if pin holds and IV drops

!Flow turns negative, breaking support

!Broad market selloff (QQQ -2%) could drag spot below gamma flip

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Call diagonal	Moderate-Strong	Sell 2026-07-17 $115.00 call / buy 2026-08-21 $110.00 call Why now: High IV term structure favors short front vol, long back vol. Earnings follow-through justifies longer dated long call.	Gamma flip below $105 triggers dealer selling; IV crush hurts long back-month if pin holds.

Top Plays

Call Diagonal on INTC

Sell 2026-07-17 $115.00 call / buy 2026-08-21 $110.00 call

Sell 2026-07-17 $115 call, buy 2026-08-21 $110 call to capture vol smile and earnings follow-through.

Why this play: Only candidate; leverages high IV term structure with short front vol, long back vol after earnings.

Debit: $6.28-$7.67

Max loss: $7.67

BE: Path-dependent

Mgmt: Exit if VIX collapses or INTC drops below $106. Roll forward if theta decay accelerates.

Traders expecting near-term pin with post-earnings upside move.

Watchlist Triggers

Entry Triggers

IFIF INTC holds above $106 support and call diagonal net debit is within $6.28–$7.67 → THEN enter: sell 2026-07-17 $115C / buy 2026-08-21 $110C

Exit Triggers

EXITIF INTC drops below $106 → THEN close diagonal to limit loss

EXITIF INTC reaches $122.77 resistance → THEN take profit on diagonal

Tactical Summary

Bullish bias with pin at $106. Call diagonal captures post-earnings upside using IV term structure. Key support $106, $105; resistance $122.77. Gamma flip risk below $105. Entry net debit $6.28–$7.67.

How to Use These Reports

This directional reflects the market close on June 10, 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.