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Tower Semiconductor call volume above normal and directionally bullish
The Fly

Tower Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in Tower Semiconductor with 3,194 calls trading, 1.7x expected, and implied vol increasing over 1 point to 36.08%. Jan-24 32 calls and Oct-23 25 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.01. Earnings are expected on November 13th.

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