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INTC

Intel CorporationClose $114.68EOD only

Max Pain

$115.00

Next expiry Jun 5, 2026

Expected Move

±$11.07

9.7% from close

Price Gap

+0.32

Distance to max pain

IV Rank

High premium

P/C OI

1.06

Balanced positioning

Consensus

7.0/10

Bullish tilt

Published snapshot: May 29, 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 29, 2026 close

INTC Flow Report

Analysis based on market close April 13, 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 13, 2026. A newer flow report is available for May 26, 2026.

View latest report

Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 33.0% from MP; +0.5 VIX 19

Watch next session: Follow any incremental OI build at $70 CALLs (current OI pockets and heavy premium: $70 net premium $20.44M); Monitor put activity at $65/$63 across 4/17–4/24 expiries (recent large volumes could be protective hedges)

Flow Summary

Net premium: +$163.4M bullish

P/C volume ratio: 0.79 — call-dominant (more calls traded vs puts today)

P/C OI ratio: 0.96 — OI near-neutral but skewed toward calls in top-premium strikes

Flow is decisively bullish: heavy net premium accumulation (+$163.4M) concentrated in calls at $65–$70 and large call OI clusters at $55–$70. Positive dealer GEX ($+144.9M) and pinning gamma around $65 reinforce a short-term price magnet toward the $65-$70 band, while several near-term put prints appear to be protective hedges rather than a directional shift.

Notable Prints

INTC 2026-04-17 $64.00 PUT

Vol: 27,288

OI: 197

Vol/OI: 138.5x

IV: 61.7%

Notional: ~$3,574,728

Intent: Large short-dated put buying — protective hedge into near-term expiry or tactical directional put buy

Dual read: Could be protective buying by longs (hedge) or a small, aggressive directional put purchase by a speculator (bearish)

Read-through: Given the overall call-heavy premium and positive GEX, this looks like targeted short-dated protection sizing rather than a systematic shift away from calls; it increases local put demand and short-delta but sits against larger call flow.

INTC 2026-04-17 $63.00 PUT

Vol: 18,791

OI: 1,214

Vol/OI: 15.5x

IV: 62.0%

Notional: ~$1,822,727

Intent: Near-term downside hedge or roll from lower strikes into the April expiry

Dual read: Protective put accumulation (institutional hedging) or speculative directional put buying

Read-through: Significant volume into $63 puts increases short-delta concentrated just below spot; paired with heavy call premium it looks like collateral hedging rather than a wholesale bearish reposition.

INTC 2026-04-17 $65.00 PUT

Vol: 15,246

OI: 885

Vol/OI: 17.2x

IV: 61.5%

Notional: ~$2,730,000

Intent: Short-dated protective put (at-the-money), likely buying to cap downside into April expiries/earnings

Dual read: Bought as insurance by holders or sold/put-written as a yield play if counterparty is short

Read-through: ATM put flow at $65 signals localized risk management into the 4/17–4/24 window; it increases gamma/friction near spot but doesn't negate the larger call-dominant premium picture.

INTC 2026-04-17 $73.00 CALL

Vol: 7,544

OI: 287

Vol/OI: 26.3x

IV: 71.6%

Notional: ~$173,512

Intent: Outright call buying/speculative directional upside

Dual read: Speculative long calls (bullish) or small-scale call spreads/overtwrites depending on offsetting sells

Read-through: Relatively small notional compared with $64/$63 put prints, but the takeaway is demand for upside exposure beyond the $70 call-wall; consistent with bullish flow seeking upside leverage.

INTC 2026-05-08 $80.00 CALL

Vol: 5,727

OI: 156

Vol/OI: 36.7x

IV: 80.0%

Notional: ~$784,599

Intent: Long-dated speculative upside or tail-call purchase (leveraged bullish exposure)

Dual read: Directional bullish tail exposure or part of a multi-leg spread (e.g., call fly or diagonal)

Read-through: Not large in the context of front-month premium, but shows buyers are willing to pay for upside beyond $75–$80, aligning with the broader call demand.

Institutional Positioning

Call additions: $65-$70 strikes see the largest premium and OI accumulation (Top premium: $65 net $19,988,944; $70 net $20,435,104; large OI at $70 call(s) 70,876 & 31,761 across expiries). Secondary accumulation at $55-$60 (big OI clusters).

Put additions: Concentrated short-dated put buying at $64, $63 and $65 (4/17 and 4/24 expiries) — appears to be protective hedging rather than a large directional put program.

GEX/DEX consistency: Yes — positive Total GEX ($+144.9M) and DEX (+199.3M shares) align with the bullish flow and pinning regime around $65. Near-term GEX concentration shows +$22.6M at $65.00 and +$11.9M at $70.00 supporting a pin between these levels.

OI clusters: Largest call OI clusters: $70 (31,761 & 70,876 OI entries), $65 (32,258 OI), $60 (37,140 OI), $55 (53,263 OI). Put clusters are mostly lower: $35, $40 and some $50 puts but these are outside the immediate ±10% band. Within ±10% of spot the put OI is concentrated at $50 (23,244 OI) and $63-$65 short-dated OI.

Hedging evidence: Yes — multiple short-dated put prints (4/17 & 4/24) and elevated IV on near-dated puts suggest protective buying (collars or standalone protection) sized against larger call exposure. Evidence of collars is limited but protective puts at ATM/near-ATM indicate risk-management.

Max pain context: Max pain for the very near expiries is lower ($49 on 4/17 → $53 on 4/24), but spot sits above MP; with pinning gamma and large call premium concentrated at $65-$70, dealers are likely hedging toward those pins, keeping price magnetized above MP in the short term.

Signal vs Noise

~Multiple large call OI buckets (55/60/65/70) reflect persistent structural positioning and may include written call inventory — not every call trade is fresh directional buying.

~Heavy $64/$63/$65 put volume into 4/17–4/24 likely represents expiration-protection or re-hedging ahead of earnings (2026-04-23) rather than a wholesale bearish reposition.

~Long-dated $80 calls (5/08) and other far OTM prints are small notional and likely tail-speculation or part of multi-leg structures — don't treat them as immediate directional pressure.

~Some front-month volume patterns are consistent with expiration rolls; closing near-terms and opening further-out strikes are part of normal flow around expiries and earnings.

Key Conclusions

🐂Net premium strongly bullish: +$163.4M concentrated in $65–$70 calls (heavy premium at $65 and $70).

📍$65 is a clear short-term pin (GEX +$22.6M at $65, spot -0.3% from that pin).

🛡️Significant short-dated put buying at $64/$63/$65 looks like protective hedging into near expiries and earnings rather than a reversal of bullish positioning.

⚙️Dealer positioning (Total GEX +$144.9M, DEX +199.3M) supports pinning and dealer delta hedging toward $65–$70; this increases short-term mean-reversion around those levels.

👀Watch for OI/premium buildup at $70 CALLs and any surge in put buying at/above $65 — these moves will confirm continuation or risk a shift to balanced/negative flow.

How to Use These Reports

This flow reflects the market close on April 13, 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.