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INTC

Intel CorporationClose $131.65EOD only
Max Pain
$125.00
Next expiry Jun 26, 2026
Expected Move
±$8.90
6.8% from close
Price Gap
-6.65
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.00
Balanced positioning
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 24, 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 24, 2026 close
INTC Directional Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Outlook

Bullish bias supported by strong bullish flow, positive gamma pinning, and spot above max pain. Near-term upside to $138-146 likely, but high vol and 6.3% distance from MP warrant caution. Confidence high at 7.5.

Confidence:
7.5 / 10
Base 5; +2 GEX/flow alignment; +1 GEX positive pinning; -1 spot distance from MP; +0.5 VIX 19 = 7.5.
Supports: Bullish flow, positive GEX, spot above MP, dealer long gamma/delta.
Conflicts: Spot far from MP, high vol, potential reversion risk.
🟢Bullish flow with $79M GEX pinning near $125.
📊Spot at $135, 6.3% above max pain; upside bias.
⚠️High vol and distance from MP warrant caution.

Regime Classification

Vol Regime
High
IV elevated; VIX 19 contributes to high vol environment, indicating larger expected moves.
Gamma Regime
Pinning
Positive GEX $+79.2M, pinning near $125. Gamma flip at $100 poses downside risk if broken.
Flow Regime
Bullish
Net premium bullish, P/C ratio supportive of upward bias.
Spot vs Max Pain
Above
Spot ~$135, 6.3% above max pain $125; above MP typically bullish for near term.
Thesis duration: Event-specific — Near-term thesis driven by flow and gamma; expected to play out within 1-2 weeks.

Price Range Forecast

Next 2 days
$127.06$138.68
Range $127-138; bias to test upper end on gamma pinning and flow.
Next 1 week
$119.57$146.17
Range $120-146; upside likely but high vol may cause swings.
Next 2 weeks
$114.29$151.44
Range $114-151; structural support at $114.

Key Levels

Max pain pins: $125 (2026-06-26); $120 (2026-07-02); $125 (2026-07-10)
EM guardrails: 2d $127.06/$138.68; 1w $119.57/$146.17
Support: $125.00 · $114.29
Resistance: $151.44
Gamma flip: ~$100.00 — Approx — based on put OI concentration of 23,903 (24.7% below spot)
Structural: Support $125 (max pain) and $114 (2w low); resistance $151 (2w high). Gamma flip at $100.

Dealer Positioning (GEX/DEX)

GEX: $+79.2M

DEX: +168.1M shares

Gamma flip: ~$100 (Approx — based on put OI concentration of 23,903 (24.7% below spot))

NTM gamma: Dealers long gamma $+79.2M, long delta +168M shares, providing stability and pinning near $125. Gamma flip at $100.

IV Analysis

IV vs VIX: INTC IV rich vs VIX 19, implying higher expected move. Elevated vol may reflect event risk.

Term structure: Term structure likely contango; near-term IV elevated around expiration.

Skew: Skew favors puts; given bullish bias, call spreads may offer value. No actionable opportunity identified.

Flow Analysis

Net premium: Net premium +$521M, P/C vol ratio 0.56 (call-heavy), bullish.

Directional prints: 309.4 call 76 ITM 2026-06-26 — Vol/OI 55.4, deep ITM call with extreme IV; likely aggressive bought, bullish. 282.8 call 85 ITM 2026-06-26 — Vol/OI 45.2, deep ITM call; likely bought, bullish positioning. 303.1 call 77 ITM 2026-06-26 — Vol/OI 41.1, similar deep ITM call activity; bought, bullish.

Unusual: 209.4 put 89 OTM 2026-06-26 — Vol/OI 6.4, OTM put with high IV relative to OI; possibly bearish hedge or speculation. 80.7 put 141 ITM 2026-07-02 — Vol/OI 5.6, ITM put with moderate IV; could be protective put or bearish bet. 93 put 130 OTM 2026-07-31 — Vol/OI 5.6, longer-dated ITM put; possibly hedging.

Risks & Catalysts

!Spot 6.3% above MP; risk of reversion to $125 if flow reverses.
!High vol amplifies moves; gamma flip at $100 could trigger downside acceleration.
!Bullish flow may fade after expiration.

Strategy Viability

StrategyEdgeBest SetupPrimary Risk
Bull call spreadStrong
Buy 2026-07-24 $133.00/$165.00 call spread
Why now: Bullish bias supported by strong flow and positive gamma; defined risk with expiration after earnings.
If stock stays below 130, max loss is premium; high vol may inflate cost.

Top Plays

#1
Bull Call Spread into Earnings
Buy 2026-07-24 $133.00/$165.00 call spread
Buy 2026-07-24 $133/$165 call spread; defined risk, benefits from upside to $138-146.
Why this play: Only eligible candidate; aligns with bullish bias and event-driven thesis.
Debit: $8.57-$10.48
Max loss: $10.48
BE: $143.48
Mgmt: Monitor gamma and volatility; consider early exit if spot approaches $146 before expiry.
Traders with bullish view on INTC into earnings, seeking limited risk.

Watchlist Triggers

Entry Triggers
IFIF spot >$125 support THEN → buy $133/$165 call spread
Adjustment Triggers
ADJIF spot <$125 THEN → exit spread
Exit Triggers
EXITIF spot reaches $146 THEN → close spread

Tactical Summary

Bullish into earnings. Key support $125. Entry above it; exit on break or at $146 target.
How to Use These Reports
This directional reflects the market close on June 25, 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.