Intel Earnings Plays

Intel reports after the close today. Below are straddles to play any big surprise in earnings. I say big because the current stock price and the strikes this month for INTC do not lend themselves perfectly for straddles. With one day to expiration, it would be best to have the stock price right on top of a strike price.

Nevertheless, here they are:

Extremely risky, yes, but of you think Intel can move 5 % tomorrow, there is a play.

Computed with StraddlesCalc Tool.

This is not advice. Options can cause 100% loss. Please do your own due diligence.