Moderately bullish activity in Intel with shares up 1.05%

Moderately bullish activity in Intel (INTC), with shares up 48c, or 1.05%, near $45.73. Options volume roughly in line with average with 346k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 0.5 points near 62.94,in the top quartile of the past year, suggesting an expected daily move of $1.81. Put-call skew flattened, suggesting a modestly bullish tone.