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INTC

Intel CorporationClose $133.99EOD only
Max Pain
$119.00
Next expiry Jun 26, 2026
Expected Move
±$13.47
10.1% from close
Price Gap
-14.99
Distance to max pain
IV Rank
100
High premium
P/C OI
1.05
Balanced positioning
Consensus
7.5/10
Bullish tilt
Published snapshot: Jun 18, 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 18, 2026 close
INTC Earnings Report
Analysis based on market close June 18, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

INTC 35d from earnings, high confidence (8/10). Spot above max pain, bullish flow, pinning gamma. Expect elevated IV, potential large move but strong beat rate.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 123.3% from MP; +1 VIX 16
Most important: Spot $133.66, above EM guardrails $120.52/$147.47. Call OI wall $150+ caps upside.
📈80% beat rate but high IV; upside may be priced.
🔴Unusual put activity at $132/$134 on expiry – hedging or pinning.
⚠️Gamma flip at $105: downside acceleration risk.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$105.00 — Approx — based on put OI concentration of 24,347 (21.6% below spot)

Earnings Overview

Next earnings: 2026-07-23 (35 days)explicit

Expected moves:

  • 2026-06-26 (8d): ±$13.48 (10.1%)
  • 2026-07-02 (14d): ±$9.03 (6.7%)
  • 2026-07-10 (22d): ±$22.32 (16.7%)

IV Setup

Term structure: Short-dated IV high (10.1% 8d), longer lower (6.7% 14d) but 22d at 16.7% building earnings premium.

Crush estimate: Significant post-earnings crush >50% typical for tech.

Skew: Flat to call-skewed; strong call flow and pinning.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Moves often exceed implied; 80% beat rate suggests upside surprise tendency.

Directional bias: Slight upward bias from beat rate and bullish flow.

Key Levels

1$105.00 gamma flip
2EM guardrails: 1w $120.52/$147.47
3Max pain pins: $60 (2026-06-18); $119 (2026-06-26); $115 (2026-07-02)

Flow Highlights

Heavy put/call activity at $132-$134 strikes expiring 6/18 with extreme vol/oi ratios.

Hedging or pinning activity near spot, defending $134.

Large call buying at $144 and $138 for 6/26 expiration with IV >80%.

Bullish bets on continued upside or vol arb.

Strategies

Bullish Call Diagonal
Sell 2026-07-10 $135.00 call / buy 2026-07-24 $140.00 call
Debit: $2.05-$2.50
Max loss: $2.50
Max gain: Variable
BE: Path-dependent
Trigger: Monitor spot; adjust if below invalidation $124.97.
Best captures upside bias while selling high short-term IV; defined risk and liquidity pass.
Outperforms: Sell near-term high IV call, buy back-month for upside.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Iron Condor
Sell 2026-07-24 $130.00/$124.00 put wing and $140.00/$143.00 call wing
Credit: $3.67-$4.48
Max loss: $1.52
Max gain: $4.48
BE: 125.52 / 144.48
Trigger: Close before earnings or adjust if spot approaches wings. Liquidity warning: Liquidity constraints: long_call: Open interest below 25.
Neutral profit from IV crush but liquidity concern and upside bias reduce appeal.
Outperforms: Sell call and put wings for premium; range-bound profit.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle
Sell 2026-07-24 $124.00 put + sell $143.00 call
Credit: $19.73-$24.12
Max loss: Unlimited
Max gain: $24.12
BE: 99.88 / 167.12
Trigger: Set stop loss; close if spot nears strike. Liquidity warning: Liquidity constraints: short_call: Open interest below 25.
High premium but unlimited loss; risky given upside bias.
Outperforms: Sell OTM put and call for premium; profit from IV crush and small move.
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Earnings 35d away: IV may not capture move fully; upside surprise risk but also disappointment.
!Gamma flip $105: downside acceleration risk if bearish catalyst.
!Spot far above max pain ($119 for 6/26), call wall $150-$195 caps upside.

What to Watch

?Spot vs $119 (6/26 max pain) and $150 call wall.
?Volume in $138-$144 calls for 6/26 exp.
?Any gamma flip level changes.
How to Use These Reports
This earnings reflects the market close on June 18, 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.