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INTC

Intel CorporationClose $127.86EOD only
Max Pain
$57.50
Next expiry Jun 18, 2026
Expected Move
±$9.20
7.2% from close
Price Gap
-70.36
Distance to max pain
IV Rank
100
High premium
P/C OI
1.02
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 15, 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 15, 2026 close
INTC Directional Report
Analysis based on market close June 16, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Outlook

Bullish bias: GEX +$56.7M, bullish flow, gamma pinning $115-$124. Risk: spot far from max pain $60 (Jun 18) and QQQ weakness.

Confidence:
8 / 10
Base 5; +2 GEX/flow aligned; -1 spot far from MP; +1 modest VIX. Score 7/10.
Supports: GEX +56.7M, bullish flow, gamma pinning $115-$124, spot above MP $60.
Conflicts: Spot 95% above max pain $60, SPY/QQQ weakness (-0.6%/-1.9%), elevated vol.
📈GEX & Flow Bullish: strong upside support.
⚠️Spot 95% above max pain $60 (Jun 18): pull risk.
🔒Gamma flip at $105: key support; break invalidates bias.

Regime Classification

Vol Regime
High
Vol High: IV elevated due to Jun OPEX event risk.
Gamma Regime
Pinning
Gamma Pinning: total GEX +56.7M; strikes $115 (Jun 18), $111 (Jun 26).
Flow Regime
Bullish
Flow Bullish: net premium positive, call volume dominant.
Spot vs Max Pain
Above
Spot Above max pain: ~$118 vs $60 (Jun 18), risking pull to MP.
Thesis duration: Event-specific — Multiple expiries this week create temporary gamma/flow distortions.

Price Range Forecast

Next 2 days
$109.65$124.45
Resistance $124.45, support $109.65.
Next 1 week
$103.28$130.83
Support $105 (gamma flip), resistance $130.83.
Next 2 weeks
$100.08$134.03
Range $100.08-$134.03, pullbacks possible.

Key Levels

Max pain pins: $60 (2026-06-18); $115 (2026-06-26); $111 (2026-07-02)
EM guardrails: 2d $109.65/$124.45; 1w $103.28/$130.83
Support: $100.08
Resistance: $134.03
Gamma flip: ~$105.00 — Approx — based on put OI concentration of 24,403 (10.3% below spot)
Structural: MP: $60 (Jun 18), $115 (Jun 26), $111 (Jul 2). Guardrails: 2d $109.65/$124.45, 1w $103.28/$130.83. Support $100.08, resistance $134.03. Flip $105.

Dealer Positioning (GEX/DEX)

GEX: $+56.7M

DEX: +207.3M shares

Gamma flip: ~$105 (Approx — based on put OI concentration of 24,403 (10.3% below spot))

NTM gamma: GEX +$56.7M, DEX +207.3M shares. Gamma flip ~$105 from put OI (24,403 contracts).

IV Analysis

IV vs VIX: IV rich vs VIX 16.4; High vol regime.

Term structure: Front-end elevated (Jun OPEX), back-end lower.

Skew: Call skew high. Consider selling puts below $105 flip.

Flow Analysis

Net premium: Net premium $96.9M positive, call volume ratio 0.61, OI near parity, bullish bias.

Directional prints: 86.2 call 121 OTM 2026-06-18 — Vol/OI 7.0, 4892 vol; likely bought to open, bullish. 88.5 call 128 OTM 2026-06-18 — Vol/OI 4.2, 8397 vol; aggressive call buying. 83.2 put 120 ITM 2026-06-26 — Vol/OI 3.8, 5994 vol; possible hedging or bearish bet.

Unusual: 84.8 put 108 OTM 2026-06-26 — Vol/OI 17.3, highest unusual; likely bearish positioning or hedging. 86.2 put 105 OTM 2026-06-26 — Vol/OI 7.0, 8287 vol; bearish or protective puts. 86.2 call 121 OTM 2026-06-18 — Vol/OI 7.0, bullish call buying.

Risks & Catalysts

!Break below $105 flip negates thesis.
!Broader weakness (SPY/QQQ) drags INTC.
!Max pain $60 may pull price down.
!Vol expansion from earnings/news.

Strategy Viability

StrategyEdgeBest SetupPrimary Risk
Bull call spreadStrong
Buy 2026-07-24 $115.00/$125.00 call spread
Why now: Strong bullish flow + gamma support at 115-124; defined risk with exp after earnings.
Earnings miss or broader selloff could cause max loss of debit paid.
Put credit spreadModerate
Sell 2026-07-24 $110.00/$108.00 put spread
Why now: Bullish bias but cheap protection below 108; max pain far below reduces tail risk.
If INTC breaks below 108, max loss of $2 wide spread.
Bullish risk reversalModerate-Strong
Buy 2026-08-21 $120.00 call / sell 2026-08-21 $110.00 put
Why now: Captures upside skew while financing with put premium; gives more time after earnings.
Unlimited downside if stock plunges; short put margin required.

Top Plays

#1
Bull call spread
Buy 2026-07-24 $115.00/$125.00 call spread
Captures upside from 115 to 125 with limited risk.
Why this play: Best fit for bullish bias with defined risk, expires after earnings, and aligns with gamma support zone.
Debit: $3.78-$4.62
Max loss: $4.62
BE: $119.62
Mgmt: Exit near max profit or at invalidation below 100.08.
Traders seeking capped risk on event-driven bullish momentum.
#2
Put credit spread
Sell 2026-07-24 $110.00/$108.00 put spread
Collects premium on bullish thesis below 110.
Why this play: Bullish but lower edge; cheap protection and low tail risk due to far-away max pain.
Credit: $0.90-$1.10
Max loss: $0.90
BE: $108.90
Mgmt: Close if INTC breaks below 108; monitor for early assignment.
Income-focused traders wanting lower risk.
#3
Bullish risk reversal
Buy 2026-08-21 $120.00 call / sell 2026-08-21 $110.00 put
Finances call purchase with put sale for leveraged bullish play.
Why this play: Unlimited upside but higher risk and longer duration; less suitable for short-term event.
Debit: $3.06-$3.74
Max loss: $110.00
BE: $110.00
Mgmt: Monitor short put; close if INTC breaks below 110.
Aggressive traders with longer time horizon and tolerance for downside risk.

Watchlist Triggers

Entry Triggers
IFINTC price above $108 → Enter intc_bull_call_0724 bull call spread at $3.78-$4.62 debit.
Exit Triggers
EXITINTC closes below $100.08 invalidation level. → Close all bullish positions including intc_bull_call_0724 and intc_put_credit_0724.

Tactical Summary

Bullish bias into earnings; gamma support $115-$124. Invalidation below $100.08. Preferred: bull call spread.
How to Use These Reports
This directional reflects the market close on June 16, 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.