INTC: Legacy Laggard or Coiled Spring? June 2026 $25 Calls in PlIntel CorporationBATS:INTCTheAccidentalRetireeINTC: Legacy Laggard or Coiled Spring? June 2026 $25 Calls in Play INTC is a strange bird. A legacy tech giant that’s been trading since before I was born in 1968, it's spent the last few years struggling to keep up in a fast-moving semiconductor world. But here’s what stands out: 📉 The Stock: Brutally sold off, now hovering just above multi-year support in the $19–$20 zone. 📈 The Setup: Descending triangle structure with multiple support tests. Tuesday’s bounce from $20.28 to $22.08 showed real strength on volume—then came the pullback. The 200 EMA remains overhead, but this consolidation looks more like accumulation than distribution. The Trade: I’ve started building a position in June 2026 $25 calls at $2.70, betting that INTC doesn’t die quietly. With a market cap of $89B in a space that now sees $1T+ valuations, it feels like Intel is priced for irrelevance. I don’t buy that narrative. There’s evidence of institutional support near these levels, and any progress in: Foundry business AI silicon Onshoring chip production ...could light a fire under this stock. Targets: Target 1: $26.89 Target 2: $30.15 (stretch) I’m open to adding on weakness—especially if it dips near $19.11 with volume support. Sometimes the market gives up on a name right before it turns around. INTC feels like it’s coiling for something bigger.