Mixed options sentiment in Intel with shares down 2.54%

Mixed options sentiment in Intel (INTC), with shares down $2.87 near $110.14. Options volume roughly in line with average with 813k contracts traded and puts leading calls for a put/call ratio of 1.23, compared to a typical level near 0.83. Implied volatility (IV30) dropped 1.43 near 82.12, in the highest 10% of observations over the past year, suggesting an expected daily move of $5.70. Put-call skew steepened, indicating increased demand for downside protection.