Tower Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in Tower Semiconductor with 1,486 calls trading, 1.8x expected, and implied vol increasing almost 2 points to 36.10%. Dec-23 30 calls and Dec-23 25 calls are the most active options, with total volume in those strikes near 710 contracts. The Put/Call Ratio is 0.13. Earnings are expected on February 15th.