Intel's weak outlook drags Lumentum down 8.7% intraday

Due to the sell-off in the AI hardware sector triggered by Intel's weak earnings outlook, $Lumentum (LITE.US)$ dropped 8.7% during intraday trading. The most actively traded put option saw a price change of +103%, with a trading volume reaching 130 contracts. For more details, please refer to the options ranking on the options page. Option prices are highly volatile, so please be aware of the risks. Click here to view the LITE option chain.