INTC EARNINGS TRADE (07/24)

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๐Ÿšจ INTC EARNINGS TRADE (07/24) ๐Ÿšจ
๐ŸŽง Earnings drop after close โ€” hereโ€™s the high-conviction setup ๐Ÿ“Š

๐Ÿง  Key Highlights:
โ€ข ๐Ÿ’ฅ Surprise Beat Rate: 88%, avg surprise = 419%
โ€ข ๐Ÿ“‰ Margins: Ugly (-36% net margin) but improving sentiment
โ€ข ๐Ÿ“ˆ Volume Surge + $24 resistance test = pre-earnings drift ๐Ÿš€
โ€ข ๐Ÿ”Ž Mixed options flow โ†’ cautious bulls leaning in
โ€ข ๐ŸŽฏ Sector: SEMI = ๐Ÿ”€ rotating hard, competition vs AMD/NVDA rising

๐Ÿ’ฅ TRADE SETUP
๐ŸŸข Buy INTC $23.50 Call exp 7/25
๐Ÿ’ฐ Entry: $0.59
๐ŸŽฏ Target: $1.18
๐Ÿ›‘ Stop: $0.29
๐Ÿ“ˆ Confidence: 75%
โฐ Entry: Before Earnings (Close 07/24)
๐Ÿ“† Earnings: Today After Market (AMC)
๐Ÿ“Š Expected Move: 5%

โš ๏ธ Play the earnings drift โ†’ gap up = profit. Miss = cut fast. Risk = defined. Reward = explosive.

#INTC #EarningsPlay #OptionsTrading #IntelEarnings #UnusualOptionsActivity #TechStocks #Semiconductors #TradingView #EarningsSeason #DayTrading #CallOptions

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