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NXP Semiconductors call volume above normal and directionally bullish

Bullish option flow detected in NXP Semiconductors with 4,405 calls trading, 2x expected, and implied vol increasing over 2 points to 33.69%. May-24 270 calls and Mar-24 240 puts are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.32. Earnings are expected on May 6th.

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