Moderately bullish activity in Intel (INTC), with shares up $1.63, or 3.48%, near $48.41. Options volume roughly in line with average with 131k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.3 points near 62.18,in the top quartile of the past year, suggesting an expected daily move of $1.90. Put-call skew flattened, suggesting a modestly bullish tone.
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