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Intel call volume above normal and directionally bullish
The Fly

Intel call volume above normal and directionally bullish

Bullish option flow detected in Intel with 103,039 calls trading, 1.8x expected, and implied vol increasing over 2 points to 59.37%. 9/27 weekly 23.5 calls and 9/27 weekly 23 calls are the most active options, with total volume in those strikes near 16,400 contracts. The Put/Call Ratio is 0.27. Earnings are expected on October 31st.

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