How are INTC long put max profit and max loss calculated?

Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium. For the INTC long put priced from the end-of-day chain at a 30-day expiry (ATM IV 80.15%), the computed maximum profit is $9,939.00 per contract and the computed maximum loss is -$960.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.

What is the breakeven for a INTC long put?

The breakeven for the INTC long put priced on this page is roughly $99.40 at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current INTC market-implied 1-standard-deviation expected move is approximately 22.98%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.

How does current INTC implied volatility affect this long put?

INTC ATM IV is at 80.15% with IV rank near 73.73%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.

INTC Long Put Strategy

INTC (Intel Corporation), in the Technology sector, (Semiconductors industry), listed on NASDAQ.

Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and non-platform or adjacent products, including accelerators, boards and systems, connectivity products, graphics, and memory and storage products. The company also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, it offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. The company serves original equipment manufacturers, original design manufacturers, and cloud service providers.

INTC (Intel Corporation) trades in the Technology sector, specifically Semiconductors, with a market capitalization of approximately $604.58B, a beta of 2.19 versus the broader market, a 52-week range of 18.97-132.75, average daily share volume of 112.9M, a public-listing history dating back to 1980, approximately 85K full-time employees. These structural characteristics shape how INTC stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 2.19 indicates INTC has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. INTC pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.

What is a long put on INTC?

A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration.

Current INTC snapshot

As of May 15, 2026, spot at $108.75, ATM IV 80.15%, IV rank 73.73%, expected move 22.98%. The long put on INTC below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 28-day expiry.

Why this long put structure on INTC specifically: INTC IV at 80.15% is rich versus its 1-year range, which makes a premium-buying INTC long put relatively expensive in absolute-cost terms, with a market-implied 1-standard-deviation move of approximately 22.98% (roughly $24.99 on the underlying). The 28-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated INTC expiries trade a higher absolute premium for lower per-day decay. Position sizing on INTC should anchor to the underlying notional of $108.75 per share and to the trader's directional view on INTC stock.

INTC long put setup

The INTC long put below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With INTC near $108.75, the first option leg uses a $109.00 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed INTC chain at a 28-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 INTC shares for the stock leg in covered calls and collars).

Action	Type	Strike / Basis	Premium (est)
Buy 1	Put	$109.00	$9.60

INTC long put risk and reward

Net Premium / Debit: -$960.00
Max Profit (per contract): $9,939.00
Max Loss (per contract): -$960.00
Breakeven(s): $99.40
Risk / Reward Ratio: 10.353

Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium.

INTC long put payoff curve

Modeled P&L at expiration across a range of underlying prices for the long put on INTC. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.

Underlying Price	% From Spot	P&L at Expiration
$0.01	-100.0%	+$9,939.00
$24.05	-77.9%	+$7,534.59
$48.10	-55.8%	+$5,130.18
$72.14	-33.7%	+$2,725.76
$96.19	-11.6%	+$321.35
$120.23	+10.6%	-$960.00
$144.27	+32.7%	-$960.00
$168.32	+54.8%	-$960.00
$192.36	+76.9%	-$960.00
$216.41	+99.0%	-$960.00

When traders use long put on INTC

Long puts on INTC hedge an existing long INTC stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying INTC exposure being hedged.

INTC thesis for this long put

The market-implied 1-standard-deviation range for INTC extends from approximately $83.76 on the downside to $133.74 on the upside. A INTC long put expresses a directional view that the underlying closes below the strike minus premium at expiration, frequently sized to hedge an existing long INTC position with one put per 100 shares held. Current INTC IV rank near 73.73% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on INTC at 80.15%. As a Technology name, INTC options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to INTC-specific events.

INTC long put positions are structurally bearish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. INTC positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move INTC alongside the broader basket even when INTC-specific fundamentals are unchanged. Long-premium structures like a long put on INTC are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current INTC chain quotes before placing a trade.

Frequently asked questions

What is a long put on INTC?: A long put on INTC is the long put strategy applied to INTC (stock). The strategy is structurally bearish: A long put buys downside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes below the strike minus premium at expiration. With INTC stock trading near $108.75, the strikes shown on this page are snapped to the nearest listed INTC chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are INTC long put max profit and max loss calculated?: Max profit equals the strike minus premium times 100 (reached at zero); max loss equals the premium times 100. Breakeven is strike minus premium. For the INTC long put priced from the end-of-day chain at a 30-day expiry (ATM IV 80.15%), the computed maximum profit is $9,939.00 per contract and the computed maximum loss is -$960.00 per contract. Live intraday quotes will differ as the chain moves through the trading session.
What is the breakeven for a INTC long put?: The breakeven for the INTC long put priced on this page is roughly $99.40 at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current INTC market-implied 1-standard-deviation expected move is approximately 22.98%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a long put on INTC?: Long puts on INTC hedge an existing long INTC stock position or express a bearish view with defined risk; position sizing typically scales the put notional to the underlying INTC exposure being hedged.
How does current INTC implied volatility affect this long put?: INTC ATM IV is at 80.15% with IV rank near 73.73%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.