INTC Short Put — Jun 18, 2026
Trade Setup
Current Stock Price
$124.92
Entry Price
$116.54
Expiration
Jun 18, 2026
Suggested Contracts
1
Strike Details
Sell 90P
Risk / Reward
Max Loss
$8699.50
Max Profit
$300.50
Analysis
INTC (INTEL CORP) presents a short put opportunity with very elevated implied volatility. IV Rank 99. IV 5976.0% trades 1536.0pp above 30-day HV (4440.0%). This setup favors net premium sellers.
Sell the $90 put for $3.00 credit. Naked single-leg exposure; collect premium from time decay if INTC stays above the strike. Underlying ~$116.54, 41 DTE. Max profit $301 per contract, max loss $8700, 3.5% return on risk, 85% POP. Breakeven at $87.00.
Management: take profit at ~50% of max profit ($150). Cut at 2x credit ($601 loss). If short strike is breached with > 14 DTE, consider rolling out for a credit. Close before expiration week to avoid gamma risk.
Setup Instructions
Underlying: INTC @ ~$116.54 Expiration: Jun 18, 2026 (41 DTE) Legs:
- Sell INTC Jun 18, 2026 $90 Put (delta -0.15, mid $3.00)
Use limit orders at the mid or slightly worse. Verify bid-ask spread (currently ~3.0% of mid) before sending.
Management Plan
Take profit at 50% of max profit ($150). Cut loss if position reaches 2x credit received ($601 loss). Roll if tested with > 14 DTE remaining.