Mixed options sentiment in Intel with shares down 4.75%

Mixed options sentiment in Intel (INTC), with shares down $1.88 near $37.62. Options volume roughly in line with average with 276k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.45. Implied volatility (IV30) dropped 1.19 near 54.98,and above the 52wk median, suggesting an expected daily move of $1.30. Put-call skew steepened, indicating increased demand for downside protection.