Mixed options sentiment in Intel (INTC), with shares down 65c near $34.85. Options volume running well above average with 618k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.86 near 73.58, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.62. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Neutral at Seaport Research.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTC: