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.