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Tower Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in Tower Semiconductor (TSEM) with 15,055 calls trading, 3x expected, and implied vol increasing over 5 points to 89.16%. Apr-26 230 calls and Apr-26 250 calls are the most active options, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 13th.

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