INTC - PUTS OptionsOptions Bearishness for NASDAQ. Attention goes to tech sector. Intel had a good run last week. Unexpected climb almost a full $10.00 bull move. Should retrace to re-balance and fill pending orders that got stuck in the gap up.Shortby nightdrivePublished 0
Intel long channel if dont lose the channel we will go to .com bubble prices Longby TraderJordanPublished 0
Short Intel INTCMy opinion only. New CEO news tends to be an event to fade. Shortby StockPickingEnthusiastPublished 221
More downside on INTCMoving in pretty clear channel. Waiting to see if $44-45 holds to buy the dip.by InvestmentSentryUpdated 115
OPENING: INTC APRIL 16TH 37.5/FEBRUARY 19TH 45 MONIED LCD**Long Call Diagonal ... for a 6.83 debit. Notes: The smaller account, skip month long call diagonal referenced in my INTC (IRA) Post (See Below). Buying the back month 90, selling the front month monied 75. Metrics: Max Profit: .67 Max Loss: 6.83 ROC at Max: 9.8%/70.1% annualized. Break Even: 44.33 Delta/Theta: 17.45/1.4by NaughtyPinesUpdated 224
OPENING (IRA): INTC FEBRUARY 19TH 42.5 SHORT PUT... for a .70/contract credit. Notes: As with my BA trade (See Post Below), targeting some options highly liquid single name for premium selling. Here, it's the beaten-down Intel, with the short put lining up nicely below support. 30-day at 44.8%, expiry-specific at 41.6%. I generally like to sell premium in single name at >50% implied, but occasionally settle for less when there's nothing better "at the top of the board," so to speak. One of my New Year's resolutions is to not be so lazy with these plays, so compared monied covered call setups with delta metrics similar to those of going naked short put, the advantages and/or disadvantages of going with a particular expiry over just defaulting to the monthly, and whether something like a long call vertical or long call diagonal would make any sense here. I used to do these comparison and contrasts much more often, but it takes some additional time, but thought I'd set out the basic process of deciding what setup to go with here, even though I'm probably not going to do that with each and every trade I take. COVERED CALL VERSUS NAKED SHORT The February 19th 42.5 covered call would have a max profit of .60 currently with a break even of 41.90; the 45 monied, 1.14, with a break even of 43.84. For contrast, the 42.5 naked has a 41.80 break even, so you get a smidge (.10) more out of going naked versus going with the 42.5 monied. The 45 monied, with a 2.6% ROC at max, has a better return, but a break even that is nearly $2 higher than both the 42.5 monied and the 42.5 short put, so the trade-off there is less room to be wrong and therefore a higher return on capital. Both of these types of plays, however, have high buying power requirements, particularly in a cash secured environment, with the cash secured naked short put costing 41.80 to put on, with its primary advantage being ease of trade of management. CHOICE OF EXPIRY The other thing I've tended to be lazy with is choice of expiry. Here, there may be an advantage to "shopping" for the highest implied expiry, which -- in this case -- isn't the February 19th monthly; it's the expiry nearest Intel's earnings announcement, which is the January 22nd weekly with an expiry-specific implied of 47.1%. To get any short put to line up nicely with that support around 44, you're going to have to sell something like the 17 delta 44, which is paying around .52 right now for 23 days' of "work." On an annualized basis, you're probably going to get more bang for your buck out of going with the January 22nd versus going with the February monthly, which is more than twice as long in duration. The January 22nd 44's ROC%-age is 1.12% at max; 17.8% annualized while the February 19th 42.5 is 1.67% ROC at max, 12.0% annualized. Again, however, the trade-off is less room to be wrong versus getting in and out of these plays rather quickly to maximize annualized return on capital. LONG CALL VERTICAL/LONG CALL DIAGONAL When working with smaller accounts, long call diagonals have been one of my favorite plays to go with when I can't or don't want to afford a covered call or a naked short put, but want to do something synthetically that mimics a covered call. Given where Intel is at currently, I think it would set up nicely for either a one-off long call vertical or diagonal. Here's a couple plays with similar delta metrics to going with a naked short put with a delta value of between 16 (2 x the expected move) and something more aggressive, like a 30 delta. The first example is the February 19th 37.5/45 long call vertical with a delta metric of around 20. A 7 1/2 wide, it would cost around 6.55 to put on, with a max profit metric of .95 and a 44.05 break even with a 14.50% ROC at max -- a whopping 103.8% annualized. What's not to like? The primary disadvantage is that one generally doesn't "manage" one-off debit spreads -- they either work fantastically or you take them off for a loss (e.g., 2 x max profit). Naturally, you can go with something far less aggressive than a monied, but one of your goals here should be taking profits relatively quickly, churning in and out of plays to maximize return on capital, rather than sitting out endlessly in an underlying without locking realized gains in on a regular basis. The second, a diagonal, where you buy a high delta, longer-dated back month call and sell a shorter duration call, working it like a covered call. My general preference is to go at least "skip month" in duration for the back month, so I'd probably buy the April 16th 37.5 (90 delta) and sell the February 19th 74 delta 45, yielding a net delta metric of around 18. As with the static long call vertical, it's a 7.5 wide, but going longer duration with the back month costs a little more. Here, the whole setup costs 6.78 to put on, with max profit being the difference between the width of the diagonal (7.5) and what it cost to put on (6.78) or .72, an ROC%-age of 10.6% at max, 75.9% annualized. The advantage here is that you have opportunities to roll the short call to reduce cost basis further and therefore increase your ROC, but have a timer of sorts when you will have to exit the play, win or lose, at April expiry. Here, I'm taking the "ease of trade management" route,* but will consider doing more monied short call verticals and/or diagonals going forward, particularly in some of the smaller accounts I'm working. * -- To be completely honest, I hit click and send and got a fill before doing this post, but may do a separate play in one of the smaller accounts I'm working. by NaughtyPinesUpdated 3
Interesting Look on Intel's price action over the last 10 MonthsIntel has been respecting alot of chart patterns over the last year and is now breaking out of a Diamond Bottom I think we will test higher highs up to near the $60 - $70 area from here. I also found some bearish price action on AMD so it would be fitting to see them inversing, you can find my AMD analysis under related.Longby RizeSenpaiUpdated 113
Looking for a safe bet??? Look at IntelPossible move:20-25% Reward/Risk: 3.5(R/R>3 is Ideal) Time frame: 1-3 month This is just my technical view, not a fundamental comment..! I can make you confused by a crowded messy chart, but I would rather simple effective presentations..!Longby MoshkelgoshaUpdated 116
INTEL CORP INTC Bullish Breakout on Weekly ChartINTEL CORP INTC Bullish Breakout on Weekly ChartLongby UnknownUnicorn6253288Published 3
INTC + 30%OBV channel up RSI channel up Trend break 1 st target 60 2nd target 70 RSI divergenceLongby maksensatboUpdated 335
The power of patience I bought intel on a reversal trade at 47.05 in late November. The trade started of well with a big surge in early December only to give up all the gains by December 21. I stuck with the trade though because the broader reversal play back into the range was still intact- price held above the lows of 43. By the beginning of January the gains returned and on the news this morning the stock has now broken out the top end of the range near 60. As long as the stock can hold 55 now that its up here there should be clear skies ahead. by IngenuityTradingPublished 220
INTC Breaking resistance and has GAP to fillINTEL has broke the descending trend line and has retested this line. INTEL also has a gap to fill on daily chart. don't forget to manage your risk and has a proper stop loss.Longby StocksTradingTipsUpdated 2
INTC Bullish ChannelINTC Bullish Channel 33 Minute Chart: Above 53.20-53.80's TGT 55.51 Below 52.90 TGT 52.34-52 TGT 51.49Longby KindreddPublished 25
INTC ShortEMA50/EMA200 as resistance zone Entry 51.5 stop 53 Target 46 I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it. Shortby PlanTradePlanMMUpdated 0
great downtrend here, time to buy some puts good chance to short some intc here, high rsi and hitting a big downtrend resistance, short 51.6, sl 53, target 48 then 44 if that support breaks. great risk reward! goodluck to shorts here :)Shortby Vibranium_CapitalPublished 4417
INTC -- iron condor over againI like doing iron condors on Intel all the time and consistently just keep rolling them out. Never a huge risk play with Intel in my opinion with smaller spreads but always adds a little daily theta to my portfolio. I don't do a lot, really none at all, Elliot wave counts with Intel. Recently, I just draw supply and demand zones and trade the range. My play: will look to enter an iron condor tomorrow, looking to sell the $57.50 strike call to upside (buy 60) and sell the 47.5 strike put to downside (buy the 45). Simply approach play and not throwing a lot at it. Something to balance out portfolio a bit and grab some daily theta. Earnings are approaching, however, but will still look to enter this play.by PT_MarcheUpdated 1
Tesla and the Renewable Stocks Maybe in a Bubble I compared charts from the Dot Com eta with a few of the parabolic moves in renewable energy stocks, and it seems like history will repeat itself. Let me know your thoughts. Thanks, Short07:57by SwingTtraderPublished 0
INTEL DAY IS COMINGMy last analysis didn't work out so well, but now seems to make sense again. When we can conclude that a recession is officially over - when Intel shares start going up ;)Longby TradeWithTheLogicPublished 0
INTC looks readyINTC could be setting up for a big move. The dip below the 50 mark was eaten up fast. Usually INTC is not a fast mover, also closed above the 200 ema today. Watching for a break and hold of 52.76 to go long. PT1 54.67 PT2 56.23 PT3 58.70 PT4 gap fill over 61Longby TradingTheTrend_netPublished 1
Inverted H&SBecareful .. 200ma around 53$ .. if it breaks through though🚀Longby ContraryTraderPublished 1