INTC: Legacy Laggard or Coiled Spring? June 2026 $25 Calls in Play
INTC is a strange bird.
A legacy tech giant that’s been trading since before I was born in 1968, it's spent the last few years struggling to keep up in a fast-moving semiconductor world. But here’s what stands out:
📉 The Stock: Brutally sold off, now hovering just above multi-year support in the $19–$20 zone.
📈 The Setup:
Descending triangle structure with multiple support tests.
Tuesday’s bounce from $20.28 to $22.08 showed real strength on volume—then came the pullback.
The 200 EMA remains overhead, but this consolidation looks more like accumulation than distribution.
The Trade:
I’ve started building a position in June 2026 $25 calls at $2.70, betting that INTC doesn’t die quietly.
With a market cap of $89B in a space that now sees $1T+ valuations, it feels like Intel is priced for irrelevance. I don’t buy that narrative.
There’s evidence of institutional support near these levels, and any progress in:
Foundry business
AI silicon
Onshoring chip production
...could light a fire under this stock.
Targets:
Target 1: $26.89
Target 2: $30.15 (stretch)
I’m open to adding on weakness—especially if it dips near $19.11 with volume support.
Sometimes the market gives up on a name right before it turns around. INTC feels like it’s coiling for something bigger.
INTC is a strange bird.
A legacy tech giant that’s been trading since before I was born in 1968, it's spent the last few years struggling to keep up in a fast-moving semiconductor world. But here’s what stands out:
📉 The Stock: Brutally sold off, now hovering just above multi-year support in the $19–$20 zone.
📈 The Setup:
Descending triangle structure with multiple support tests.
Tuesday’s bounce from $20.28 to $22.08 showed real strength on volume—then came the pullback.
The 200 EMA remains overhead, but this consolidation looks more like accumulation than distribution.
The Trade:
I’ve started building a position in June 2026 $25 calls at $2.70, betting that INTC doesn’t die quietly.
With a market cap of $89B in a space that now sees $1T+ valuations, it feels like Intel is priced for irrelevance. I don’t buy that narrative.
There’s evidence of institutional support near these levels, and any progress in:
Foundry business
AI silicon
Onshoring chip production
...could light a fire under this stock.
Targets:
Target 1: $26.89
Target 2: $30.15 (stretch)
I’m open to adding on weakness—especially if it dips near $19.11 with volume support.
Sometimes the market gives up on a name right before it turns around. INTC feels like it’s coiling for something bigger.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.