Shares of Intel Corp. (INTC) are up 2.57 to 34.29 today. ?INTC is making a 52 week high.

Today paper traded 40000 INTC Oct 33 calls at 1.48.? The ADV is 88196 contracts. The OI is 82345 contracts.

The volume went up in 4 blocks.? This trade was sized in 10000 lot blocks and is most likely closing as it went up early in the session.? The large OI suggests these were closing for a huge profit.? Call sellers are hitting the Oct term very hard today, selling calls to take profits and for buy writes.

?30-day implied volatility is 17%.?? 10-day implied volatility is 9%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

Intel Corporation, incorporated in 1968, designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset.