Whales with a lot of money to spend have taken a noticeably bullish stance on Tower Semiconductor.
Looking at options history for Tower Semiconductor (NASDAQ:TSEM) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $96,940 and 5, calls, for a total amount of $314,963.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $155.0 for Tower Semiconductor over the recent three months.
Analyzing Volume & Open Interest
In today’s trading context, the average open interest for options of Tower Semiconductor stands at 558.88, with a total volume reaching 1,700.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Tower Semiconductor, situated within the strike price corridor …
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