Mixed options sentiment in Intel with shares down 3.04%

Mixed options sentiment in Intel (INTC), with shares down $1.17 near $37.22. Options volume relatively light with 276k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.29 near 54.08,and above the 52wk median, suggesting an expected daily move of $1.27. Put-call skew steepened, indicating increased demand for downside protection.