[20 contracts - 9dte - $6325 cost - $6200 market value - $3.16 buy price - $3.10 market price](https://preview.redd.it/84dvx24ljseg1.png?width=1745&format=png&auto=webp&s=426a1bbbbe57423347043f7e9c659036d1e33312)
Not seeing many people talk about INTC's 12% day today.
While the guidance and expectations are high, I think this run up to earnings hype has just about topped off. The fundamentals in the report will show that after all the AI hype and infrastructure expectations, they still aren't doing that great. They still have a lot of work to do if they want to pull off this turnaround.
They are expected to post an increasing loss in Q4 of $271.5M from $126M, YoY. With revenue at $13.4B from $14.26B, YoY.
Estimated Q4 adjusted eps at $0.08.
I bought these puts around $54.15 with an exit of $45.
INTC 1/30 54 PUT