INTC is about to release its earnings report, and its reaction to each earnings release has always been quite volatile.
The biggest highlights this time are the Q3 guidance, AI data center growth, and progress on the 18A/foundry business.
Previously, I bought call options when INTC was above 110, held them until it reached over 130, and took a short-term profit. The current stock price has pulled back from 142 to a low of 89. I didn't dare to buy earlier because I estimated that its limit downside would be around 80, so I wanted to wait a bit longer.
Currently, there are two strategies,
First,
I will enter before the earnings report by buying long-dated options expiring in 2027, around 100. If the stock crashes after the earnings report, I will average down; if it surges, I will hold onto it.
Second,
I will enter after the earnings report. Regardless of whether it drops to around 80, INTC has the potential to rise after a full correction. Returning to 110-120 should be relatively easy.
I lean towards the first option, for your reference.
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