$INTC Update 🟢

Investor summaryBullish

Sold $95 puts on INTC after a wedge breakout; stock up 6.5% with puts OTM and decaying.

Bull points

Technical breakout: Resolved an upward wedge pattern with strong upward momentum and solid $107 support.

Bear points

Severe factual error: INTC's actual price is nowhere near the $95-$124 range, indicating a likely ticker mix-up.

INTC半导体

Post body

Sold the $95 monthly puts at \~$470 premium when this was wedging.

Wedge resolved UP — closed $124.57 (+6.5%) 📈

▪️ $107 support never cracked

▪️ Puts now \~$30 OTM

▪️ 50% Premium decayed in a week

Letting theta do its thing. Win posted same as losses.

Posted this one a week ago- see below link to original Reddit post!

https://www.reddit.com/r/options/s/0sEVPdoDq1

Discussion · top comments

No comment snapshot fetched for this post yet.