INTC GEX – Testing 110 Multi-Confluence Call WallIntel CorporationBATS:INTCTanukiTradeINTC is pressing into 110 on the daily chart after a strong momentum expansion. Spot is only marginally above the level, so this remains a test rather than confirmed acceptance. The October 16 cumulative GEX profile makes 110 the central decision point. It is the highest call wall and also overlaps a technically important reaction area visible on the daily chart. 🔶 Regime Context 🔶 With price above the 97.5 HVL and the 100 call-cluster boundary, INTC remains in a positive GEX regime. GEX History shows 0, W1, M1, M2, and ALL aligned in large-green positive extension. This is a dampening-volatility backdrop rather than a directional signal. The current momentum candle is testing C1, but acceptance still requires a sustained hold above 110. 🔶 Options Structure Context 🔶 👉 110 – C1 multi-confluence wall Confluence at 110: C1 — highest call NETGEX Ab1 — largest absolute gamma nCOI / COI / AbOI — dominant call and absolute open-interest concentration CV / PV — largest cumulative call- and put-volume peaks This makes 110 a major reaction zone rather than merely a round-number resistance. Since both call and put volume peak here, the volume concentration is two-sided and should not be treated as a standalone bullish flow signal. 🔶 Key Structure to Watch 🔶 Above 110 — sustained acceptance keeps INTC in positive extension, with gamma squeeze potential toward the 115 and 120 secondary NETGEX references Below 110 — rejection returns price toward 105, followed by the 100 call-cluster boundary 97.5 — HVL and GEX regime pivot 90 — strongest put wall (P1) For now, 110 is where the technical structure, C1, absolute gamma, open interest, and volume all meet. The key question is whether INTC can turn 110 from resistance into support—or whether this extension test ends in rejection.