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Moderately bullish activity in Intel with shares up 0.71%

Moderately bullish activity in Intel (INTC), with shares up 16c, or 0.71%, near $23.27. Options volume roughly in line with average with 197k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.6. Implied volatility (IV30) dropped 0.83 near 50.71,and below the 52wk median, suggesting an expected daily move of $0.74. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Intel (INTC) will report earnings after the close on 2025-07-24.Option markets are pricing in a 50% probability of a move greater than 8.63% or $2.01.

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