Mixed options sentiment in Intel (INTC), with shares down 14c near $22.41. Options volume roughly in line with average with 125k contracts traded and calls leading puts for a put/call ratio of 0.65, compared to a typical level near 0.51. Implied volatility (IV30) dropped 0.94 near 49.18,and below the 52wk median, suggesting an expected daily move of $0.69. Put-call skew steepened, indicating increased demand for downside protection.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC:
- Intel to shutter automotive unit, lay off employees, The Oregonian reports
- Notable open interest changes for June 25th
- Ambarella Stock (AMBA) Soars as It Explores a Potential Sale
- Intel Stock (NASDAQ:INTC) Blasts Up as Intel Halts Automotive Business
- Intel call volume above normal and directionally bullish