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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TSEM:
- Intel, Nvidia to bolster security in Israel after attacks, Reuters reports
- Tower Semiconductor call volume above normal and directionally bullish
- Largest borrow rate increases among liquid names
- Tower Semiconductor and Fortsense Introduce a Co-Developed Highly Advanced 3D Imager for LiDAR Applications
- Tower Semiconductor, Fortsense develop advanced 3D imager for LiDAR
