Tomorrow Intel trades EXDIVIDEND or WITHOUT rights to the dividend.
WATCH for the call and put prices when Intel crosses the strike point. The put will have all the dividend drop priced into the premium.
IMO, Intel will oscillate around the $24 strike point +/- the dividend. HIGH of RANGE will be about $24.26 and LOW of RANGE will be $23.75.
When Intel gets above STRIKE + dividend, they will sell CALL options and BUY PUT options which will drive the stock back down.
When Intel gets below STRIKE - dividend, they will buy CALL options and SELL PUT options which will drive the stock back up.
This process seems to accompany the posturing on day before ex-dividend.