Tower Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in Tower Semiconductor with 3,372 calls trading, 9x expected, and implied vol increasing almost 2 points to 49.89%. Nov-23 27 calls and Nov-23 25 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.04. Earnings are expected on November 13th.

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