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INTC

Intel CorporationClose $111.78EOD only
Max Pain
$111.00
Next expiry Jun 5, 2026
Expected Move
±$3.87
3.5% from close
Price Gap
-0.78
Distance to max pain
IV Rank
59
Middle-high premium
P/C OI
1.04
Balanced positioning
Consensus
8.0/10
Bullish tilt
Published snapshot: Jun 4, 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 4, 2026 close
INTC Earnings Report
Analysis based on market close June 5, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

INTC earnings 48d away; high vol regime (VIX 21.5) and negative net premium. 80% beat rate but recent bearish flow.

Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 9.8% from MP; +0.5 VIX 22
Most important: Far OTM call activity (120 strike, 85% IV) signals speculative upside bets; 0DTE call volume heavy near money.
🔍0DTE call volume spike on worthless strikes suggests unwinding, not conviction.
🚀120 call at 85% IV: bold upside bet or hedge? Requires monitoring.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$70.00 — Approx — based on put OI concentration of 34,357 (29.4% below spot)

Earnings Overview

Next earnings: 2026-07-23 (48 days)explicit

Expected moves:

  • 2026-06-12 (7d): ±$9.60 (9.7%)
  • 2026-06-18 (13d): ±$12.57 (12.7%)
  • 2026-06-26 (21d): ±$15.40 (15.5%)

IV Setup

Term structure: Steep; 7d ±9.7%, 13d ±12.7%, 21d ±15.5% implied moves, elevated near-term IV.

Crush estimate: Post-earnings IV crush of ~30% expected based on historical volatility contraction.

Skew: Put skew elevated (145% IV on 55 put); call skew extreme at high strikes (85% IV on 120 call).

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not available; beat rate 80% (4/5) suggests tendency to exceed expectations.

Directional bias: Slightly bullish based on beat rate, but recent price action negative (QQQ -4.8%).

Key Levels

1$70.00 gamma flip
2EM guardrails: 1w $89.57/$108.77
3Max pain pins: $110 (2026-06-05); $109 (2026-06-12); $50 (2026-06-18)

Flow Highlights

Massive 0DTE call volume on 103-106 strikes (avg 14k vol, OI <300), near zero premium.

Likely closing of short positions or aggressive scalping; indicates near-term uncertainty.

INTC 07/02 $120 Call: 22k vol, OI 641, premium $3, IV 85%.

Speculative long call activity betting on significant upside before earnings.

Strategies

Bull Call Spread
Buy 2026-08-21 $100.00/$105.00 call spread
Debit: $1.71-$2.09
Max loss: $2.09
Max gain: $2.91
BE: $102.09
Trigger: Monitor IV crush; exit if stock drops below $100.
Combines 80% beat rate with cheap entry & limited risk.
Outperforms: Bullish bet on earnings upside using call spread.
Underperforms: Loss of support weakens upside continuation thesis.
Iron Condor
Sell 2026-06-26 $95.00/$90.00 put wing and $105.00/$109.00 call wing
Credit: $2.88-$3.52
Max loss: $1.48
Max gain: $3.52
BE: 91.48 / 108.52
Trigger: Close at 50% max profit or before earnings.
Harvests high IV with defined risk; suits uncertain market.
Outperforms: Neutral play collecting premium from tight wings.
Underperforms: Move outside short strikes invalidates range thesis.
Long Strangle
Buy 2026-08-21 $95.00 put + buy $105.00 call
Debit: $22.66-$27.69
Max loss: $27.69
Max gain: Unlimited
BE: 67.31 / 132.69
Trigger: Set stop at 50% premium decay; exit if IV falls.
Exploits steep term structure & potential large move.
Outperforms: Directional bet on volatility expansion.
Underperforms: Insufficient realized move reduces long-strangle edge.

Risk Assessment

!Market correlation risk: QQQ -4.8% drag on tech/semis.
!High IV regime inflates option premiums, increasing decay risk.
!Put OI concentration 29.4% below spot may act as floor but also gamma flip risk.

What to Watch

?Monitor 120 call open interest growth for sustained bullish sentiment.
?Watch for gamma flip trigger near $110 (max pain) or put-heavy zones.
?Earnings date 48d out; IV premium decay may accelerate as event approaches.
How to Use These Reports
This earnings reflects the market close on June 5, 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.