Mixed options sentiment in Intel with shares down 3.85%

Mixed options sentiment in Intel (INTC), with shares down $1.46 near $36.34. Options volume running well above average with 1.30m contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 0.9 points near 70.44, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.61. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Reduce at HSBC.Looking ahead: Intel (INTC) will report earnings after the close on 2025-10-23.Option markets are pricing in a 50% probability of a move greater than 9.56% or $3.48.