- Underlying: INTC
- View: Neutral/Consolidation. Expect the stock to trade in a range between key support ($135) and resistance ($142.35) in the near term, especially given the elevated RSI and high IV ripe for contraction.
- Strategy Type: Credit Spread / Volatility Selling
- Option Contract Portfolio:
- Sell 1 INTC 2026-07-10 $135 Put @ ~$5.575 (Mid)
- Buy 1 INTC 2026-07-10 $130 Put @ ~$3.675 (Mid)
- Sell 1 INTC 2026-07-10 $145 Call @ ~$5.625 (Mid)
- Buy 1 INTC 2026-07-10 $150 Call @ ~$4.0 (Mid)
- Max Gain & Loss: Max Gain = Net Credit Received (~$3.525). Max Loss = Width of One Wing ($5) - Net Credit = ~$1.475.
- Initial Cost/Credit: Initial Credit of ~$3.525 per contract.
Comments