Mixed options sentiment in Intel with shares down 8.9%

Mixed options sentiment in Intel (INTC), with shares down $2.02 near $20.61. Options volume extremely heavy with 633k contracts traded and puts leading calls for a put/call ratio of 1.0, compared to a typical level near 0.62. Implied volatility (IV30) dropped 15.62 near 39.32,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.51. Put-call skew flattened, suggesting a modestly bullish tone.The company announced earnings after the close on 2025-07-24with option markets having priced in a move of approximately 9.01%.