Home Options INTCReports

INTC

Intel CorporationClose $65.27EOD only

Max Pain

$60.00

Next expiry Apr 24, 2026

Expected Move

±$6.13

9.4% from close

Price Gap

-5.27

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.96

Balanced positioning

Consensus

6.0/10

Range bias

Published snapshot: Apr 22, 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

Apr 22, 2026 close

INTC Theta Report

Analysis based on market close April 23, 2026

Directional Theta Gang Flow Earnings Consensus

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

Theta Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 11.3% from MP; +0.5 VIX 19

IV Environment

IV Regime

High

IV vs VIX

ATM IVs deeply elevated vs VIX; 1d IV extreme (ATM 172%) then steeply decays

Favorable?

Yes

Term structure: Front-week skewed with high short-dated put/call vols; mid-term vols normalize but specific expirations show put-rich spikes

⚠️High short-dated IV + pinning at $60 creates rich premium for sellers

📌Dealer GEX +102M and repeated $60 max-pain support pinning into expiries

🔔Short-dated shorts face early-assignment and margin risk; monitor margin usage and be ready to hedge/roll

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+102.1M)

OI concentrations: Clear concentration at $60 across 4/24, 5/1, 5/8; no gamma flip within 30% below spot

Verdict: Pinning regime — elevated pin risk near $60; early-assignment risk elevated for short-dated short positions; tail below $57.3 possible if breached; use $58 spot cut or defined hedge if breaches occur.

Premium Opportunities

Iron condor

Sell 2026-05-29 $60.00/$58.00 put wing and $70.00/$74.00 call wing

Sell 5/29 60/58 put wing and 70/74 call wing to collect rich premium while limiting tail exposure

Credit: $1.75-$2.14

Max loss: $1.86

BE: 57.86 / 72.14

Mgmt: Close or roll if spot <58, VIX>25, or dealer GEX unravels; tighten wings if price trends to a wing

Put credit spread

Sell 2026-05-22 $62.00/$58.00 put spread

Sell 5/22 62/58 put spread to monetize elevated short-term IV with defined loss

Credit: $1.15-$1.41

Max loss: $2.59

BE: $60.59

Mgmt: Cut or roll if spot breaches 57.3–58 or VIX>25; size for margin headroom

Cash-secured put

Sell 2026-05-22 $58.00 cash-secured put

Sell 5/22 58 cash-secured put to collect short-dated elevated premium

Credit: $1.89-$2.30

Max loss: $55.70

BE: $55.70

Mgmt: Assign/roll or close if spot <58; avoid if VIX>25 or gaps threaten large loss

Risk Alerts

!$60 max-pain may anchor price into expiries

!Early-assignment, margin and roll risk for short-dated sellers; roll/downsize if spot < $58 or margin strain emerges

!Rapid VIX jump >25 or overnight gap could invalidate premium-selling edge; hedge or close positions if VIX >25 or dealer GEX drops sharply

How to Use These Reports

This theta reflects the market close on April 23, 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.