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Mixed options sentiment in Navitas Semiconductor with shares down 3.84%

Mixed options sentiment in Navitas Semiconductor (NVTS), with shares down 76c near $18.91. Options volume running well above average with 88k contracts traded and calls leading puts for a put/call ratio of 0.98, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.7 near 124.35,in the top quartile of the past year, suggesting an expected daily move of $1.48. Put-call skew steepened, indicating increased demand for downside protection.

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