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INTC Covered Call Strategy: Is Now a Good Time to Sell Calls? Moderate · 65/100
Intel Corporation (Technology) · $133.99 ·
Analysis generated Jun 18, 2026 ·
Data as of market close Jun 18
Quick Take
INTC is trading at $133.99 with RSI at 64 (neutral territory). Options IV is at 79% — 27% below its 30-day average of 109%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
64
IV Today
79.3%
IV vs 30d Avg
-27%
MACD
bullish
ADX
31
MFI
62
The Setup
INTC Covered Call
LONG STOCK
100 shares @ $133.99
SHORT CALL
$145 Aug '26 · $16.6/sh
Net Cost
$11,739
Max Profit
+$2,761
Break-even
$117.39
Projected P&L at Target
+$2,761
(23.5%)
P&L at Expiry
P&L Scenarios
What happens at different INTC prices by expiry:
| INTC Price | Today | Jul 9 | Jul 30 | Aug 21 (exp) |
|---|---|---|---|---|
| $107 (-20%) | -$1,479 | -$1,281 | -$1,095 | -$1,020 |
| $114 (-15%) | -$994 | -$752 | -$499 | -$350 |
| $121 (-10%) | -$549 | -$267 | +$55 | +$320 |
| $127 (-5%) | -$145 | +$171 | +$555 | +$990 |
| $131 (-2%) | +$78 | +$411 | +$826 | +$1,392 |
| $134 (0%) ← now | +$219 | +$562 | +$995 | +$1,660 |
| $137 (+2%) | +$354 | +$705 | +$1,153 | +$1,928 |
| $141 (+5%) | +$544 | +$906 | +$1,371 | +$2,330 |
| $145 (+8%) ← target | +$734 | +$1,103 | +$1,580 | +$2,761 |
| $147 (+10%) | +$833 | +$1,205 | +$1,685 | +$2,761 |
| $154 (+15%) | +$1,087 | +$1,462 | +$1,939 | +$2,761 |
| $161 (+20%) | +$1,310 | +$1,680 | +$2,141 | +$2,761 |
Why This Strategy, Why Now
- RSI at 64 — extended, ideal for selling calls
- IV -27% vs avg — premiums below average, less income
- MACD bullish — stock has upward momentum
- ADX at 31 — strong trend, stock may run past strike
- No squeeze — no imminent breakout
Key Risks
INTC has bullish momentum (MACD). If a positive catalyst emerges (earnings beat, product launch), the stock could gap past your strike. Consider rolling the call up if INTC approaches the strike before expiry.
ADX at 31 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.