- Entry
- $107.69
- Final
- $120.35 +11.8%
- Target
- —
- Score
- +0.84
**Setup:** $INTC at $107.93, down 20% from the highs with a wedge forming on the daily. RSI is neutral at 52, so no momentum signal either way. Price is holding above support, with my levels at $99.78 (support) and $95.54 (deeper support). **The trade:** Sell the monthly $95 put for $4.70 ($470 credit per contract). * Breakeven: **$90.30** (16% below spot) * Return on capital: 5% for the cycle * Cost basis if assigned: $90.30 — a level I'm comfortable …
— ORIGINAL POST ·
INTC — selling the $95 monthly put, ~$4.70 credit. Sanity-check my thesis?
· r/options
· Jun 3, 2026