Mixed options sentiment in Intel with shares down 1.84%

Mixed options sentiment in Intel (INTC), with shares down $2.00 near $106.17. Options volume relatively light with 322k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.92. Implied volatility (IV30) dropped 1.61 near 79.58, in the highest 10% of observations over the past year, suggesting an expected daily move of $5.32. Put-call skew steepened, indicating increased demand for downside protection.