Bullish option flow detected in ON Semi (ON)conductor with 6,200 calls trading, 1.1x expected, and implied vol increasing over 2 points to 42.76%. Jan-26 60 calls and Jan-27 80 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.36. Earnings are expected on February 9th.
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