Moderately bullish activity in Intel with shares down 1.27%

Moderately bullish activity in Intel (INTC), with shares down 46c near $35.89. Options volume roughly in line with average with 180k contracts traded and calls leading puts for a put/call ratio of 0.83, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 2.6 points near 50.42,and below the 52wk median, suggesting an expected daily move of $1.14. Put-call skew flattened, suggesting a modestly bullish tone.