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Intel call volume above normal and directionally bullish

Bullish option flow detected in Intel with 103,039 calls trading, 1.8x expected, and implied vol increasing over 2 points to 59.37%. 9/27 weekly 23.5 calls and 9/27 weekly 23 calls are the most active options, with total volume in those strikes near 16,400 contracts. The Put/Call Ratio is 0.27. Earnings are expected on October 31st.

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