Daily Options Seller Strategy | Intel enters Musk's 'Terafab' - How should those who haven't joined yet safely chase the rally using options?

I. Market Barometer: Geopolitical tensions ease, providing a 'breathing window' for US stocks

Beijing time, April 8:The US and Iran agreed to a two-week ceasefire and will engage in peace agreement negotiations。Upon the release of this news, US stocks collectively surged after-hours, with the three major index futures rising over 2%, while international oil prices plummeted. In the next two weeks, the market is expected to remain volatile as it awaits further clarity on the US-Iran negotiations before deciding its direction.

II. Focus on Hot Targets

Intel (INTC): Dual catalysts resonating

Intel has seen a flurry of positive developments recently, with year-to-date gains surpassing 40%. Intel's shares are currently up more than 5% in overnight trading, driven by two key catalysts:

1. Tapping into Musk's 'full ecosystem' offering. Intel announced its participation in the Terafab mega-factory initiative led by Musk, collaborating with Tesla, SpaceX, and xAI to revolutionize chip manufacturing technology, officially entering the most talked-about global computing power supply chain ecosystem.

Repurchased 49% of the equity in the Irish Fab 34 factory for $14.2 billion.This fully demonstrates management's confidence in the company’s future operations.

Tesla (TSLA): Short-term pressures persist, but the 'Musk halo' will not fade.

Tesla has faced multiple pressures recently—Morgan Stanley reiterated its 'Sell' rating, citing weak Q1 delivery data and downward revisions to profit forecasts.

However, the negative factors are gradually being digested. Coupled with the news of a US-Iran ceasefire boosting a collective rebound in tech stocks, Tesla surged nearly 5% in after-hours trading. Intel's participation in the Terafab project also reinforces the overall narrative of the 'Musk Ecosystem,' indirectly supporting Tesla's valuation as a tech company.

However, given the short-term pressure on fundamentals, Tesla is currently more like a 'divergent rebound' — both bulls and bears have valid arguments, which makes it the most comfortable battleground for options sellers.

III. Recommended strategies for option sellers

1. Sell 1 contract $Intel (INTC.US)$ May 1, 2026, 44.00 Put, estimated margin required (for reference only):$4400（$44 × 100）

Opportunity filtering logic:Boosted by the Terafab project + management's substantial stock repurchases, the $44 strike price sits between the CFO’s purchase price ($42) and the average analyst target price ($51.17), positioning it in a reasonable valuation range; as the leading domestic chip manufacturer supported by the U.S. government, even if exercised, purchasing at $44 allows continuation into a Covered Call to generate income; $44 aligns with the 50-day moving average support and the middle Bollinger Band, creating dual support resonance. With a bullish moving average alignment, breaking through would require breaching multiple layers of defense, making it a low-probability event.

2. Sell 1 contract $Tesla (TSLA.US)$ May 1, 2026, 315.00 Put, estimated margin required (for reference only):$31500（$315 × 100）

Opportunity filtering logic:Morgan Stanley's bearish call + high implied volatility from geopolitical fluctuations = rich premiums. The ceasefire window provides a two-week sentiment buffer; after assignment, a Covered Call can be implemented to build a "wheel strategy" for continuous income. Short-term delivery pressure has already been priced in by the market, while the medium-to-long term logic of FSD/energy storage/robotics remains intact. The valuation support at $315 offers a margin of safety.

The expiration dates for both options fall on May 1 (23 days later), perfectly covering the US-Iran ceasefire window, keeping short-term geopolitical risks manageable; additionally, there is still some time before the next earnings season, with time decay (Theta) accelerating in the final 3-4 weeks, offering optimal conditions for option sellers.

IV. Risk Control Reminder

Although the seller strategy has a high probability of success, investors must still manage risks effectively:

Position management is key:The biggest risk for sellers lies in black swan events. It is recommended thatNo more than 20% of total capital should be allocated as margin for any single position. Never sell options beyond your capacity to handle them just for the sake of greedy premium collection.

Cash-secured put options should beware of 'left-tail risk':For cash-secured puts,If the stock price collapses due to deteriorating fundamentals (rather than a normal pullback), don't hold on stubbornly.At this point, you should either cut losses and exit or use 'rolling down the position' to buy time while waiting for volatility to normalize.

Case Selection Criteria

Open Futubull >> Market >> Options >> Seller Zone >> Filter; Common screening criteria for Cash Secured Put and Covered Call strategies: IV Percentile > 40%; Total option volume > 60,000 contracts; Days to expiration 0-45 days; Daily option volume/open interest > 500 contracts; ROI > 2%; Annualized ROI > 30%. Cash Secured Put: OTM Probability > 60%; Covered Call: OTM Probability > 70%;

Underlying selection rule: For each strategy, select the underlying asset with the highest probability of profit. Probability refers to the likelihood that the option contract will not be exercised, i.e., the out-of-the-money probability. The higher the probability, the lower the chance of assignment, and the greater the likelihood of earning steady option premiums. Data source: Futubull, information as of the closing price of the previous trading day; All data and information in the Option Seller Zone are for reference only and do not constitute any investment advice.

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Options Risk Warning

An option is a contract that grants the holder the right, but not the obligation, to buy or sell an asset at a fixed price on a specific date or at any time before that date. The price of an option is influenced by various factors, including the current price of the underlying asset, the strike price, time to expiration, and implied volatility. Implied volatility reflects the market’s expectations for the level of volatility in the option over a future period. It is a data point derived inversely from the Black-Scholes option pricing model and is generally regarded as an indicator of market sentiment. When investors anticipate greater volatility, they may be more willing to pay a higher price for options to hedge risks, resulting in higher implied volatility. Traders and investors use implied volatility to assess the attractiveness of option prices, identify potential mispricings, and manage risk exposure.

Disclaimer

This content does not constitute any offer, solicitation, recommendation, opinion, or guarantee of any securities, financial products, or tools. The risk of loss in trading options can be substantial. In some cases, losses may exceed the initial margin deposited. Even if you set contingent orders such as 'stop-loss' or 'limit' orders, these may not prevent losses. Market conditions may make such orders unexecutable. You may be required to deposit additional margin within a short period. If you fail to provide the required amount within the specified time, your open positions may be liquidated. However, you will still be responsible for any shortfall in your account. Therefore, before trading, you should study and understand options and carefully consider whether such trading is suitable for you based on your financial situation and investment objectives. If you trade options, you should be familiar with the procedures for exercising options and the rights and obligations upon exercise and expiration. Options trading carries extremely high risks and is not suitable for all investors. Investors should carefully readCharacteristics and Risks of Standardized Options。

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