Intel Corporation (INTC) - INTC is expected to report its earnings on January 15th, which is a day before January option expiration. There is support at 13.4 from a gap up open. Just to be safe, we are selling half of the January 12.5 Put position now and the remaining once the price dips lower to fill in that gap. The current target price is $0.45 per contract. A close below the 12/8 low of 12.38 will be our technical stop loss.