Mixed options sentiment in Intel with shares down 1.64%

Mixed options sentiment in Intel (INTC), with shares down 41c near $24.52. Options volume relatively light with 256k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.5. Implied volatility (IV30) dropped 3.02 near 41.39,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.64. Put-call skew steepened, indicating increased demand for downside protection.