Trade of the Week IC in INTC

Taking advantage of this quick rise in IV and VIX to sell some premium in INTC 43d short term play before earnings hoping for 25-50% decay
Tasty stats POP 55% P50 67% Theta 2.25 Delta -5.12 50/55 c 45/40 p A less risky version of this would be an IC in SMH which is also experiencing a nice
rise in IV today