Options activity has been 3 to 1 calls to puts for this Friday with the average strike price being $82, which suggests we will not drop far in price unless market sentiment shifts. XLNX news will make or break this asset in the very near term, however I strongly expect a earnings run up if the price is effected negatively by today's news.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.