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Astera Labs Inc call volume above normal and directionally bullish

Bullish option flow detected in Astera Labs Inc with 2,217 calls trading, 1.0x expected, and implied vol increasing almost 3 points to 101.38%. May-24 80 calls and Jul-24 100 calls are the most active options, with total volume in those strikes near 920 contracts. The Put/Call Ratio is 0.33. Earnings are expected on May 7th.

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