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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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