Bullish flow in Intel with shares up 4.8%

Bullish flow in Intel (INTC), with shares up $3.12, or 4.8%, near $68.06. Options volume running well above average with 491k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.74. Implied volatility (IV30) is higher by 0.6 points near 75.64, in the highest 10% of observations over the past year, suggesting an expected daily move of $3.24. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Intel (INTC) will report earnings after the close on 2026-04-23.Option markets are pricing in a 50% probability of a move greater than 9.62% or $6.55.