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Astera Labs Inc call volume above normal and directionally bullish

Bullish option flow detected in Astera Labs Inc with 2,684 calls trading, 1.3x expected, and implied vol increasing over 4 points to 98.73%. May-24 100 calls and Apr-24 80 calls are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.46. Earnings are expected on May 7th.

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