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INTC

Intel CorporationClose $121.77EOD only

Max Pain

$111.00

Next expiry May 29, 2026

Expected Move

±$7.03

5.8% from close

Price Gap

-10.77

Distance to max pain

IV Rank

High premium

P/C OI

1.04

Balanced positioning

Consensus

7.0/10

Bullish tilt

Published snapshot: May 27, 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

May 27, 2026 close

INTC Earnings Report

Analysis based on market close April 10, 2026

Directional Theta Gang Flow Earnings Consensus

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

You are viewing an older report from April 10, 2026. A newer earnings report is available for May 26, 2026.

View latest report

Earnings Verdict

High-IV, pinning regime with heavy dealer positive GEX (+$137.4M) around $60-$65. Best strategy: short premium inside the 4/24 expected move or targeted long volatility (straddle/OTM call) on the 4/24 expiry that contains earnings. Key risk: large gap on guidance or a larger-than-expected directional move that overwhelms dealer pinning and IV crush estimates.

Confidence:

7 / 10

base 5; +2 GEX/flow strongly aligned (pinning); +1 GEX positive; -1 spot 24.8% above MP

Most important: Watch IV term-structure kink (ATM 87.3% on 4/24 vs 62.5% on 4/17) — confirms earnings-vol surface that can be sold into or bought depending on view.

📅Earnings scheduled 2026-04-23 (TBD) — event sits inside the 4/24 ATM-IV bump (87.3%).

📌Dealer GEX concentrated at $60 and $65 (both +$13.6M/+13.7M) — expect pinning pressure in low-60s unless a strong gap overwhelms it.

⚠️Unusual activity: INTC260417P00062500 (62.50P) and INTC260424P00060000 (60P) — protective put flow near spot.

Regime Classification

Vol Regime

High

Gamma Regime

Pinning

Flow Regime

Mixed

Spot vs MP

Above

Earnings Overview

Next earnings: 2026-04-23 (13 days)explicit

Expected moves:

2026-04-17 (7d): : : : :
2026-04-24 (14d): ±$8.55 (13.7%) [$53.83 - $70.93]

IV Setup

Term structure: Sharp kink: 2026-04-17 ATM 62.5% -> 2026-04-24 ATM 87.3% (large front-week vs event-week bump). Longer-dated IVs fall back toward mid-60s after the 4/24 bump.

Crush estimate: ~20-25 vol pts down after earnings (event-week ATM 87.3% likely to reprice toward the 60-70% area post-release).

Skew: Put call activity and P/C volume ratio 1.44 shows heavier put flow by volume, but premium flow is strongly call-heavy at key strikes ($50, $65, $70) — skew is mixed with rich calls at upside hedges and concentrated put interest deep OTM ($35, $40).

Historical Context

Beat rate: 75% (3/4 recent quarters showed EPS above estimate: 2025-12-31, 2025-09-30, 2025-03-31)

Avg move vs expected: Not provided numerically; recent beats imply occasional upside gaps but sample is small.

Directional bias: Tendency to produce upside surprises (3 of last 4), but not reliably >EM

Key Levels

1$65.00 (GEX +$13.7M, pin magnet, +4.2% from spot)

2$60.00 (GEX +$13.6M, pin magnet, -3.8% from spot)

3EM (1w): $58.07 - $66.69

Flow Highlights

Heavy premium at $50.00 and $65.00 (Net Call premium $12,204,984 at $50; $11,723,748 at $65)

Large call-buying/structured call premium suggests directional upside hedging or dealer risk taking that supports pinning around $60-$65 if dealers hedge into that flow.

Top OI concentration at $70.00 CALL (OI=71,350) and substantial $60.00 / $65.00 call OI

Upside call walls exist around $65-$70 — can act as resistance/pin if dealers hedge short-call exposure.

Unusual activity: INTC260417P00062500 PUT (62.50) vol 5,543 on 4/17; INTC260424P00060000 PUT (60.00) vol 7,037 on 4/24

Significant short-dated put flow near spot indicates protective put demand and adds to pinned behavior in the low-60s.

Strategies

Long straddle (event-week)

Buy 4/24 $62.50 straddle (buy $62.50 call + buy $62.50 put, 2026-04-24 expiry).

Max loss: $4.40

Max gain: Unlimited

BE: ≈$62.50 : $62.50±4.40 -> $58.10 / $66.90

Trigger: Enter 1-2 days before earnings if IV hasn't rallied materially above current 87% on 4/24 expiry.

Direct play on event volatility: 4/24 ATM IV is 87.3% and EM for 14d is ±$8.55; a larger directional swing or guidance-driven gap would pay.

Outperforms: Actual post-earnings move (gap+intraday) exceeds straddle cost ~4.40 (i.e., move >~7% from spot).

Underperforms: Stock pins inside the 4/24 EM ($53.83-$70.93) and IV collapses more than expected.

Sell iron condor (defined credit) 4/24

Sell 4/24 60/65 call vertical and sell 4/24 55/50 put vertical (all strikes available).

Credit: $2.00-$2.60

Max loss: $3.40

Max gain: $2.60

BE: Lower: ≈$52.40; Upper: ≈$62.60 (approximate; structure sensitive to execution price)

Trigger: Enter 2-4 days before earnings to capture premium if IV is elevated and you want dealer pinning to work in your favor.

High dealer GEX concentrated at 60/65 and EM centered in low-60s favors premium selling; structure limits tail risk vs naked selling.

Outperforms: Stock stays inside ~55-65 into/through earnings (within 4/24 EM bounds) and IV compresses post-release.

Underperforms: Large >EM gap (>~10%) or surprise that drives price through 50 or 70 levels; also underperforms if liquidity widens.

Directional upside (call buy)

Buy 4/24 $65.00 call (OTM) as a leveraged upside play.

Debit: $3.10-$3.25

Max loss: $3.25

Max gain: Unlimited

BE: ≈$68.13 - $68.25 depending on fill

Trigger: Buy post-preview or late into day if you expect a beat and guidance-driven re-acceleration; prefer after any pre-earnings run-up that leaves calls cheaper relative to realized move expectation.

Large call premium flow and elevated OI at $65/$70 provide leverage to upside moves; buying OTM call limits risk while capturing directional upside.

Outperforms: Significant upside surprise drives price above $68 quickly (breaks through pin region and call wall at $70).

Underperforms: Stock remains pinned in low-60s and IV crushes; calls lose premium quickly.

Risk Assessment

!Gap risk: earnings/guidance can produce gaps larger than the 14d EM ±$8.55 — plan sizing for single-leg exposures.

!IV crush: 4/24 ATM IV = 87.3% and can compress 20-25 vol pts post-release; long volatility may underperform if move is muted and IV collapses.

!Pinning / dealer risk: Positive GEX (+$137.4M) concentrated at 60/65 can reduce realized move and hurt long vol; conversely, if dealers are forced to re-hedge on a break it can accelerate the move.

!Liquidity & spreads: options are liquid at major strikes (60/65/70) but wider spreads on some strikes and expiries mean execution risk for multi-leg structures.

What to Watch

?IV trajectory into 4/24 (watch ATM IV move from 62.5% -> 87.3% on 4/24 expiry).

?Volume and premium flow at $60/$62.50/$65 (GEX concentration), and any large block trades at $70 OI.

?Unusual ITM put at 62.50 (4/17) and 60.00 (4/24) that may indicate protective buying or structured trades.

?Max pain trend is falling (MP $50 → $40) — monitor larger-dated expiries for directional dealer positioning shifts.

How to Use These Reports

This earnings reflects the market close on April 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.