Intel Corp (INTC) is trading up .41 to 21.49 today.? INTC is trading nearer the bottom of the 52-week range.
Today puts went up marked spread in the INTC Jan 2014 18 strike on volume of 10,000 contracts in 3 blocks. ??Average volume is 119,000 contracts per day in the name.? Open interest is over 112,000 contracts.
The volume looked like a seller of puts and it is not clear the trade is open or closing.? The volume went up marked as spread but it is not clear where the other side of the spread printed since there was no corresponding volume.
30-day implied volatility is 26%.? ?10-day implied volatility is 22%.? 30-day implied volatility is trading above the 10-day historical volatility.
Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset.