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.
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Read More on TSEM:
- Tower Semiconductor sees Q3 revenue $350M +/- 5%, consensus $359.63M
- Tower Semiconductor reports Q3 adjusted EPS 54c, consensus 49c
- Tower Semiconductor Reports 2023 Third Quarter Financial Results
- Options Volatility and Implied Earnings Moves Today, November 13, 2023
- Is TSEM a Buy, Before Earnings?
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