tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Moderately bullish activity in Intel with shares up 1.59%

Moderately bullish activity in Intel (INTC), with shares up 62c, or 1.59%, near $40.01. Options volume running well above average with 269k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 2.3 points near 58.48,and above the 52wk median, suggesting an expected daily move of $1.47. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at Melius Research.

Claim 70% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1