Intel’s Q3 Earnings Preview: Options Market Signals 10.1% Volatility Swing
Intel Corp. faces a critical test as it prepares to report third-quarter earnings, with options traders pricing in a 10.1% move in either direction—significantly wider than the chipmaker’s historical post-earnings drift of -2.78%. The heightened implied volatility reflects skepticism about Intel’s capacity to execute its turnaround amid fierce competition from AMD and Nvidia in high-performance computing.
Wall Street expects a razor-thin profit of $0.02 per share, reversing last year’s $0.46 loss, with revenue edging up 0.8% to $13.16 billion. Management’s commentary on foundry investments and cost discipline will likely dictate market reaction—a bullish outlook could ignite momentum, while caution may trigger selloffs.