thetaOwl
HomeOptionsINTCReports

INTC

Intel CorporationClose $107.92EOD only
Max Pain
$107.00
Next expiry Jun 12, 2026
Expected Move
±$8.00
7.4% from close
Price Gap
-0.92
Distance to max pain
IV Rank
78
High premium
P/C OI
1.02
Balanced positioning
Consensus
7.0/10
Range bias
Published snapshot: Jun 9, 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 9, 2026 close
INTC Earnings Report
Analysis based on market close June 9, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

INTC earnings 44 days out, high vol regime, mixed flow with call OI wall. Historical beat rate 80%.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.9% from MP; +0.5 VIX 20
Most important: Gamma pinning near 107 with call OI wall at 120-150.
🔔Max pain $107 pinning spot near support.
📊80% beat rate historically bullish for IV crush.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
At

Earnings Overview

Next earnings: 2026-07-23 (44 days)explicit

Expected moves:

  • 2026-06-12 (3d): ±$8.00 (7.4%)
  • 2026-06-18 (9d): ±$12.45 (11.5%)
  • 2026-06-26 (17d): ±$16.12 (14.9%)

IV Setup

Term structure: Front-end elevated (7.4% 3d, 11.5% 9d, 14.9% 17d), term structure steep.

Crush estimate: Expected 30-50% IV crush post-earnings.

Skew: Put/Call OI near parity, slight put bias OI.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Past 5 quarters avg move ~6-8% vs ~7% implied.

Directional bias: 4/5 beats, slight bullish.

Key Levels

1EM guardrails: 2d $99.92/$115.92; 1w $95.47/$120.37
2Max pain pins: $107 (2026-06-12); $50 (2026-06-18); $112 (2026-06-26)

Flow Highlights

Aggressive call buying at 101C, 107C with vol/OI >5

Bullish sentiment near support.

Large 115C volume (18592) with high OI (6303)

Resistance test or hedging?

Strategies

Iron Condor
Sell 2026-06-18 $100.00/$98.00 put wing and $115.00/$117.00 call wing
Credit: $0.92-$1.12
Max loss: $0.88
Max gain: $1.12
BE: 98.88 / 116.12
Trigger: Close at 50% max gain or before earnings.
Captures elevated front-end IV with bounded risk.
Outperforms: Sell OTM put and call wings to collect premium; profits if stock stays between 100 and 115.
Underperforms: Move outside short strikes invalidates range thesis.
Call Calendar
Sell 2026-06-18 $110.00 call / buy 2026-07-17 $110.00 call
Debit: $4.97-$6.08
Max loss: $6.08
Max gain: Variable
BE: Path-dependent
Trigger: Monitor implied vol differential; exit if spread widens or stock moves below invalidation.
Profits from term structure steepness as front-month IV decays faster.
Outperforms: Sell front-month call, buy back-month call at same strike; benefits from vol contraction.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Short Strangle
Sell 2026-06-18 $100.00 put + sell $115.00 call
Credit: $5.71-$6.98
Max loss: Unlimited
Max gain: $6.98
BE: 93.02 / 121.98
Trigger: Set stop-loss if IV spikes or stock breaks support/resistance.
Leverages high IV and pinning near 107; maximum premium if range holds.
Outperforms: Sell OTM put and call; profits if INTC stays in 100-115 range.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!High vol regime (VIX~20) amplifies moves.
!Gamma pinning may snap, causing outsized move.
!Call OI wall at $120-$150 caps upside.

What to Watch

?Earnings date: 2026-07-23
?IV crush magnitude post-event
?Max pain $107 and EM guardrails $99.92/$115.92
How to Use These Reports
This earnings reflects the market close on June 9, 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.