- Intel (INTC) reports Q2 earnings after the close Thursday (~4:00pm)
- Options are pricing an expected move of 3.6% by this Friday, just over half of the move expected over the next month, which is about 6.6%.
- The trading day following the prior earnings (in April) INTC closed basically unchanged (+0.37%) but was down as much as -4.9% intraday before reversing higher.
Here's a one month expected move chart, followed by the expected move of this week highlighted, via Options AI technology:
Ways to Play
Bullish, inline with expected move, August 21st expiration:
Bearish, inline with expected move, August 21st expiration:
Neutral, using expected move, July 24th expiration (This Friday)