Shares of Intel Corp. (INTC) are trading up .58 today to $20.65.? The recent low for INTC is $19.54.
Paper mostly sold the INTC Dec 14 weekly and Dec 21 weekly calls in relative size.? Total volume on the day is 7,630 for the Dec 14 weeklys and 31,917 on the Dec 21 weeklys. Volatility is down 12% in the Dec 14 weekly and down 6% in the Dec 21 weekly options.? ?Open interest is 1,188 and 61,569, respectively.? This trade appears to be mostly opening paper in the front month. The nature of the contract appears to be heavy option writing over a stock position.
30-day implied volatility is 27%.? 10-day implied volatility is 21%.? 30-day implied volatility is trading over the 10-day historical volatility.?
Intel Corp. (INTC) is a large semiconductor manufacturer.