Mixed options sentiment in Intel with shares down 0.22%

Mixed options sentiment in Intel (INTC), with shares down 8c near $37.07. Options volume relatively light with 280k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.42. Implied volatility (IV30) dropped 2.07 near 73.77, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.72. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Underperform at BofA.Looking ahead: Intel (INTC) will report earnings after the close on 2025-10-23.Option markets are pricing in a 50% probability of a move greater than 9.98% or $3.70.