As Intel (INTC, Financial) prepares to release its earnings report, options trading activity remains steady, with a higher interest in call options over put options, at a ratio of 9:5. This indicates that investors are showing a preference for potentially bullish positions ahead of the results.
The implied volatility in INTC suggests that market participants are expecting the stock to fluctuate by approximately 6.8%, translating to an estimated price movement of $1.46, once the earnings are disclosed. This projected volatility is slightly below the company's historical trend, where the median stock movement over the previous eight quarters has been around 8.5% following earnings announcements.
