Intel (INTC, news, chart, volatility) gained 11 cents to $14.55 Thursday and 21,660 Jan 14 puts traded. Open interest increased by 7,000 to 35,054 and implied volatility is up to 67 percent ahead of Jan 15 earnings report–one day before the expiration.
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.