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INTC

Intel CorporationClose $117.05EOD only
Max Pain
$60.00
Next expiry Jun 18, 2026
Expected Move
±$7.40
6.3% from close
Price Gap
-57.05
Distance to max pain
IV Rank
100
High premium
P/C OI
1.03
Balanced positioning
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 16, 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 16, 2026 close
INTC Directional Report
Analysis based on market close June 17, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Outlook

Bullish: strong flow and dealer gamma pinning, but spot above MP risks reversion. Bias up to $126 resistance, supported at $105 flip.

Confidence:
7.5 / 10
Base 5; +2 flow/GEX, +1 pinning, -1 spot/MP, +0.5 VIX18 = 7.5.
Supports: Bull flow, +GEX 87.5M, long DEX 212M, pinning at $119/$112, gamma flip $105
Conflicts: Spot 101.8% above MP ($60), high vol, $126 resistance not tested
📈Bull flow +GEX
⚠️Spot above MP
🛡️Gamma flip $105
📅Multiple OPEX

Regime Classification

Vol Regime
High
High vol vs VIX 18.44, broad market decline amplifies
Gamma Regime
Pinning
Pinning: +GEX 87.5M, flip $105, dealers long gamma
Flow Regime
Bullish
Bullish: net call buying, put selling, dealer hedge pushes up
Spot vs Max Pain
Above
Spot above MP: Jun18 $60, Jun26 $119, Jul2 $112
Thesis duration: Multi-week — Multiple OPEX events across 2 weeks justify multi-week horizon

Price Range Forecast

Next 2 days
$115.76$126.44
Resistance $126, pin $119 drives up
Next 1 week
$107.80$134.40
Support $105 flip, test resistance $134
Next 2 weeks
$104.27$137.92
Range $104-138, multiple pins, equilibrium risk

Key Levels

Max pain pins: $60 (2026-06-18); $119 (2026-06-26); $112 (2026-07-02)
EM guardrails: 2d $115.76/$126.44; 1w $107.80/$134.40
Support: $110.00 · $104.27
Resistance: $130.00 · $137.92
Gamma flip: ~$105.00 — Approx — based on put OI concentration of 25,210 (13.3% below spot)
Structural: MP: $60(J18), $119(J26), $112(J2). EM: 2d $115.76/$126.44, 1w $107.8/$134.4. Sup $110/$104.27. Res $130/$137.92. Gamma flip ~$105

Dealer Positioning (GEX/DEX)

GEX: $+87.5M

DEX: +212.4M shares

Gamma flip: ~$105 (Approx — based on put OI concentration of 25,210 (13.3% below spot))

NTM gamma: NTM GEX +$87.5M, DEX +212M shares long, flip ~$105

IV Analysis

IV vs VIX: IV rich vs VIX 18.44 per High vol regime

Term structure: Assumed contango from multiple expiries; front-end elevated

Skew: Put skew elevated; opportunity sell puts at $105 flip

Flow Analysis

Net premium: Net premium $183.6M bullish (calls dominate, P/C vol 0.69, OI 1.04).

Directional prints: 256.6 call 86 ITM 2026-06-18 — Deep ITM call, vol 15.3x OI, IV 256.6%. Aggressive buying, likely cover or synthetic long. Bullish. 76.7 call 121 ITM 2026-06-18 — OTM call, vol 6.8x OI, IV 76.7%. Active call buying for upside. Bullish.

Unusual: 128.1 put 70 OTM 2026-06-26 — OTM put, vol 14.9x OI, IV 128.1%, last 0.04. Extreme volume; likely short puts (bullish) or hedge (bearish). 150 put 55 OTM 2026-06-26 — OTM put, vol 10.9x OI, IV 150%, last 0.01. Similar pattern; short puts favor upside, hedge protects downside.

Risks & Catalysts

!Break below $105 triggers hedging
!High vol amplifies both directions
!Spot reversion to lower MP
!Multiple expiries pinning uncertainty

Strategy Viability

StrategyEdgeBest SetupPrimary Risk
Bull call spreadModerate-Strong
Buy 2026-07-24 $130.00/$131.00 call spread
Why now: Strong bullish flow, directional prints, and dealer gamma support upside; using bull call spread reduces cost and defines risk.
Spot reversion to lower MP or break below $105 would hurt; time decay if stock stalls.
Bull call spreadModerate-Strong
Buy 2026-07-24 $127.00/$142.00 call spread
Why now: Flow bullish, dealer gamma pinning, resistance at $126; limited capital at risk.
Underperformance if spot stays below 120; max loss full debit.
Cash-secured putModerate
Sell 2026-07-24 $105.00 cash-secured put
Why now: Bullish bias, support at $105, cash-secured put collects premium.
If spot breaks below strike, assigned stock at potentially unfavorable level.
Bullish risk reversalModerate-Strong
Buy 2026-08-21 $145.00 call / sell 2026-08-21 $95.00 put
Why now: Upside convexity to $126+ financed by premium from bearish put at $105 support.
Unlimited downside if spot drops below short put strike; upside cap if stock appreciates beyond call but without cap.

Top Plays

#1
Bull Call Spread $127/$142
Buy 2026-07-24 $127.00/$142.00 call spread
Captures upside with limited risk
Why this play: Best balance of cost and upside given resistance at $126
Debit: $3.96-$4.84
Max loss: $4.84
BE: $131.84
Mgmt: Exit below $110; take profit near $126
Traders expecting moderate rally
#2
Cash-Secured Put $105 Support
Sell 2026-07-24 $105.00 cash-secured put
Collects premium at key $105 support
Why this play: High probability at established support level
Credit: $5.15-$6.30
Max loss: $98.70
BE: $98.70
Mgmt: Roll if spot nears $105
Income-focused traders
#3
Bull Call Spread $130/$131 Leveraged
Buy 2026-08-21 $145.00 call / sell 2026-08-21 $95.00 put
Profits from sharp move above $130
Why this play: Leveraged upside with small cost
Debit: $4.14-$5.06
Max loss: $95.00
BE: $95.00
Mgmt: Close if momentum fades
Aggressive traders

Watchlist Triggers

Entry Triggers
IFIF spot holds above $110 support → Enter Bull Call Spread $127/$142 (strategy_1)
IFIF spot declines to $105 support → Enter Cash-Secured Put $105 (strategy_2)
IFIF spot breaks above $126 resistance → Enter Bull Call Spread $130/$131 (BS1)
Exit Triggers
EXITIF spot breaks below $110 → Exit all positions: close bull call spreads, buy back cash-secured put
EXITIF spot reaches $126 resistance and stalls → Take profit on Bull Call Spread $127/$142

Tactical Summary

Bullish bias to $126 resistance, supported at $105. Use bull call spreads for upside, cash-secured put at support. Manage risk if $110 breaks.
How to Use These Reports
This directional reflects the market close on June 17, 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.