Shares of Intel Corp (INTC) are down .20 to 32.81 today.? INTC is near the upper end of the 52 week range.
Today paper traded 44371 INTC Oct 36/ Jan 37 calls at .27.? The ADV is 122k contracts.? The OI is 69k in Oct and 3000 in Jan.
The volume went up in two blocks marked spread.? The print went through the offer on the Oct calls and hit the bid on the Jan 37s.? The trader looks like they are closing a buy write call sale and reloading at higher prices.
30-day implied volatility is 20%.?? 10-day implied volatility is 19%.? 30 day implied volatility is trading above the 10 realized volatility
Intel Corporation, incorporated in 1968, designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset.