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INTC

Intel CorporationClose $124.57EOD only

Max Pain

$50.00

Next expiry Jun 18, 2026

Expected Move

±$11.80

9.5% from close

Price Gap

-74.57

Distance to max pain

IV Rank

100

High premium

P/C OI

1.05

Balanced positioning

Consensus

8.0/10

Bullish tilt

Published snapshot: Jun 12, 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 12, 2026 close

INTC Directional Report

Analysis based on market close June 15, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Bullish directional thesis driven by strong GEX/flow alignment ($106.4M positive gamma) and bullish net premium flow. Spot above max pain and gamma flip at $105, but pinning dynamics and event-driven positioning support upside bias. High confidence (8/10) but risk of mean reversion on expiry.

Confidence:

8 / 10

Base 5 +2 GEX/flow aligned +1 GEX positive pinning -1 spot 122% from MP +1 VIX 16 = 8.0. Factors captured well.

Supports: Positive gamma pinning, bullish flow, elevated VIX, structural resistance at $130/147.
Conflicts: Spot far from max pain, gamma flip at $105 if selloff occurs.

📈GEX +$106.4M & bullish flow alignment

⚠️Spot 122% above max pain ($58) – pin risk

🔮Gamma flip at $105 (17.9% below spot)

Regime Classification

Vol Regime

High

High vol vs 30d avg; VIX 16.2 & event-driven IV from upcoming expiries.

Gamma Regime

Pinning

Pinning - $106.4M positive gamma; flip near $105 (17.9% below spot).

Flow Regime

Bullish

Bullish net premium flow; P/C ratio supportive of upside.

Spot vs Max Pain

Above

Spot above max pain ($58) and dealer gamma flip, upward bias but pinning risk.

Thesis duration: Event-specific — Upcoming options expirations (June 18 & 26) create dealer hedging & pinning dynamics.

Price Range Forecast

Next 2 days

$118.66$137.06

Supported by gamma pinning; breakout above $130 targets $137.

Next 2 weeks

$108.51$147.21

Range $108.51-$147.21; structural resistance at $147.21.

Key Levels

Max pain pins: $58 (2026-06-18); $112 (2026-06-26); $110 (2026-07-02)

EM guardrails: 2d $118.66/$137.06

Support: $108.51

Resistance: $130.00 · $147.21

Gamma flip: ~$105.00 — Approx — based on put OI concentration of 24,113 (17.9% below spot)

Structural: max_pain_pins: $58 (Jun18), $112 (Jun26), $110 (Jul2); em_guardrails: 2d $118.66/$137.06; support: $108.51; resistance: $130, $147.21; gamma_flip: $105 (approx).

Dealer Positioning (GEX/DEX)

GEX: $+106.4M

DEX: +214.4M shares

Gamma flip: ~$105 (Approx — based on put OI concentration of 24,113 (17.9% below spot))

NTM gamma: GEX +$106.4M, DEX +214.4M shares; gamma flip near $105 (17.9% below spot).

IV Analysis

IV vs VIX: INTC IV likely elevated vs VIX 16.2 due to event risk; no direct data provided.

Term structure: Unknown; front-end likely elevated due to near-term expirations (Jun18, Jun26).

Skew: Skew data not available; no actionable vol structure identified.

Flow Analysis

Net premium: Net premium +$262.9M, low P/C volume ratio 0.63: strong call buying.

Directional prints: 91.9 call 148 OTM 2026-06-18 — Vol/OI 90.2, extremely high; likely bought; bullish. 87.7 call 137 OTM 2026-06-18 — Vol/OI 16.6, high; likely bought; bullish. 91 call 146 OTM 2026-06-18 — Vol/OI 16.4, high; likely bought; bullish.

Unusual: 85.4 put 127 OTM 2026-06-18 — Vol/OI 21.4, high; likely bought as downside hedge. 94.9 put 112 OTM 2026-06-18 — Vol/OI 12.3, high; likely bought for protection. 86.6 call 131 OTM 2026-06-18 — Vol/OI 9.8, moderate; likely bought; bullish.

Risks & Catalysts

!Spot reversal from excessive bullish positioning.

!Failure to hold support at $118.66 triggers stop losses.

!Gamma flip at $105 on downside leads to accelerated selling.

!Volatility collapse post-expiry compresses premiums.

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Strong	Buy 2026-07-24 $125.00/$130.00 call spread Why now: Defined-risk debit spread to capture upside post-earnings.	Max loss is debit paid; earnings miss could gap down.
Put credit spread	Moderate-Strong	Sell 2026-07-24 $120.00/$118.00 put spread Why now: High put premiums near earnings; sell OTM with defined protection.	Losses limited to spread width if stock falls below short strike.
Bullish risk reversal	Moderate	Buy 2026-07-24 $130.00 call / sell 2026-07-24 $120.00 put Why now: Zero-cost-like structure with long call benefiting from earnings move.	Unlimited upside risk from short put if stock drops below strike.

Top Plays

Bull Call Spread

Buy 2026-07-24 $125.00/$130.00 call spread

Buy 125/130 call spread to profit from earnings-driven rally with limited downside.

Why this play: Defined-risk upside capture aligned with bullish flow and gamma support.

Debit: $1.73-$2.12

Max loss: $2.12

BE: $127.12

Mgmt: Monitor near earnings; close before expiration or at target.

Traders seeking defined risk and upside exposure.

Put Credit Spread

Sell 2026-07-24 $120.00/$118.00 put spread

Sell 120/118 put spread to earn premium while stock stays above $120.

Why this play: Collects premium with support from gamma flip at $105.

Credit: $0.88-$1.07

Max loss: $0.93

BE: $118.93

Mgmt: Manage if stock approaches $120; consider closing early.

Income-focused traders with bullish outlook.

Bullish Risk Reversal

Buy 2026-07-24 $130.00 call / sell 2026-07-24 $120.00 put

Synthetic long stock using call/put combo with zero cost but large downside risk.

Why this play: Unlimited upside but higher risk of loss given potential pinning.

Debit: $3.31-$4.04

Max loss: $120.00

BE: $120.00

Mgmt: Set stop loss if stock drops below $118.66.

Aggressive traders expecting a large move.

Watchlist Triggers

Entry Triggers

IFIF spot holds above $118.66 (2d lower guardrail) and stays above $125 for 5 trading days → THEN enter Bull Call Spread: Buy 2026-07-24 $125.00/$130.00 call spread for 1.73-2.12 debit

IFIF spot remains above $120 and above $118.66 guardrail → THEN sell Put Credit Spread: 2026-07-24 $120.00/$118.00 put spread for 0.88-1.07 credit

IFIF spot reaches $130 and implied volatility > 40%, with support above $118.66 → THEN enter Bullish Risk Reversal: Buy 2026-07-24 $130 call / sell $120 put (net premium ~3.31-4.04 debit)

Exit Triggers

EXITIF spot falls to $108.51 support (invalidation level) → THEN close all bullish positions (call spreads, put credit spreads, risk reversals)

Tactical Summary

Bullish bias with earnings 38 days out. Key support $108.51, resistance $130/$147. Gamma flip at $105. Favor entry on dips above $118.66 (2d guardrail). Exit if $108.51 breaks. Top plays: Bull Call Spread (debit), Put Credit Spread, Bullish Risk Reversal (requires high IV).

How to Use These Reports

This directional reflects the market close on June 15, 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.