Mixed options sentiment in Navitas Semiconductor with shares down 10.91%

Mixed options sentiment in Navitas Semiconductor (NVTS), with shares down $2.47 near $20.18. Options volume roughly in line with average with 22k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.44. Implied volatility (IV30) dropped 12.48 near 139.19, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.77. Put-call skew flattened, suggesting a modestly bullish tone.

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