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Astera Labs Inc call volume above normal and directionally bullish

Bullish option flow detected in Astera Labs Inc with 1,549 calls trading, 1.2x expected, and implied vol increasing over 1 point to 71.83%. May-24 75 calls and May-24 80 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.45. Earnings are expected on August 6th.

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