The Market Is Becoming a Meme-Fest
$INTC$
Selling premium in this market is tricky — you never know which stock will catch a hot narrative and get flooded with retail flow.
Looking at recent chip earnings, even good expectations aren't enough if the numbers fall short. Intel's earnings should be solid, with full-year guidance likely raised. But some of the run-up is already priced in. Selling puts is still the safer approach — consider the 60 strike $INTC 20260424 60.0 PUT$ .
There were quite a few 50-strike puts positioned for a pullback. But given the current CPU hype, 50 will attract strong dip-buying. Most put flow seems to have abandoned the 50 target, shifting focus to the 55–60 range.
Earnings could still produce a sell-off. That said, I wouldn't recommend selling calls — better safe than sorry.
$TSLA$
Q4 earnings across the board have been underwhelming. Sell calls above 420 $TSLA 20260424 420.0 CALL$ .
But after earnings, it'll be time to start selling puts again. Musk won't sit out a market this hot — and Tesla tends to do well around his birthday in June.
$ARM$
ARM's options volume is thin, so it's hard to gauge institutional targets. One far-dated 200 call $ARM 20270115 200.0 CALL$ is worth watching.
If Intel's earnings trigger a pullback and drag ARM down with it, that could be a solid entry. If you're already in, don't jump out — this rally could go anywhere. The market has gone full meme. Only a clear breakdown would justify exiting.
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