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Tower Semiconductor call volume above normal and directionally bullish

Tower Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in Tower Semiconductor with 1,964 calls trading, 4x expected, and implied vol increasing over 1 point to 49.88%. Apr-24 23 calls and Apr-24 20 puts are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.43. Earnings are expected on November 13th.

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