INTC — selling the $95 monthly put, ~$4.70 credit. Sanity-check my thesis?

**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 owning INTC at

**Management:** I'm watching the $100/$95 zone. If price breaks and holds below it, I'll close or roll rather than ride it to assignment.

The $95 strike sits below both support levels, so I'm leaning on the wedge holding plus the cushion to breakeven rather than expecting a bounce. Curious whether anyone thinks the credit is worth it here given INTC's IV, or if you'd go closer to the money / further out in time.

*Not advice — do your own DD.*