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INTC

Intel CorporationClose $118.50EOD only
Max Pain
$110.00
Next expiry May 22, 2026
Expected Move
±$4.28
3.6% from close
Price Gap
-8.50
Distance to max pain
IV Rank
56
Middle-high premium
P/C OI
1.08
Balanced positioning
Consensus
6.0/10
Bullish tilt
Published snapshot: May 21, 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 21, 2026 close
INTC Earnings Report
Analysis based on market close May 21, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

INTC 63d out; near-term IV elevated; max pain $110; flow bullish.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 7.7% from MP; +1 VIX 17
Most important: 1d implied move 3.6% high for VIX 17.
📊Extreme 1d move (3.6%) vs VIX 17
📉Heavy put buys $115/$113 5/22
📈Call vol ratio 0.77 bullish

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$90.00 — Approx — based on put OI concentration of 23,623 (24.1% below spot)

Earnings Overview

Next earnings: 2026-07-23 (63 days)explicit

Expected moves:

  • 2026-05-22 (1d): ±$4.28 (3.6%)
  • 2026-05-29 (8d): ±$10.93 (9.2%)
  • 2026-06-05 (15d): ±$15.62 (13.2%)

IV Setup

Term structure: Steep front: 1d 3.6% vs 8d 9.2%.

Crush estimate: No near crush.

Skew: P/C OI 1.08, vol 0.77.

Historical Context

Beat rate: 80% (4/5 quarters)

Directional bias: Neutral

Key Levels

1$90.00 gamma flip
2EM guardrails: 2d $114.22/$122.78; 1w $107.58/$129.43
3Max pain pins: $110 (2026-05-22); $105 (2026-05-29); $110 (2026-06-05)

Flow Highlights

Unusual put buying: 27.5k vol $115P 5/22; 5.4k $113P.

Hedging or directional bearish bet.

Unusual call buying: 7.5k vol $115C 5/29.

Speculative bullish or upside hedge.

Strategies

Iron Condor
Sell 2026-05-29 $110.00/$109.00 put wing and $115.00/$120.00 call wing
Credit: $2.50-$3.06
Max loss: $1.94
Max gain: $3.06
BE: 106.94 / 118.06
Neutral bias, max pain pinning
Outperforms: Sell $110 put/call wings
Underperforms: Move outside short strikes invalidates range thesis.
Call Calendar
Sell 2026-05-29 $120.00 call / buy 2026-07-17 $120.00 call
Debit: $8.60-$10.51
Max loss: $10.51
Max gain: Variable
BE: Path-dependent
Steep front vol, term structure trade
Outperforms: Sell May 120 call, buy Jul 120 call
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Pinning risk to $110 max pain 5/22.
!Front IV may contract post-expiry.
!Put OI concentration at risk.

What to Watch

?5/22 & 5/29 expirations.
?Spot near $110 support.
?July earnings catalyst.
How to Use These Reports
This earnings reflects the market close on May 21, 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.