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.
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- Intel call volume above normal and directionally bullish