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Mixed options sentiment in Navitas Semiconductor with shares down 7.99%

Mixed options sentiment in Navitas Semiconductor (NVTS), with shares down 69c near $7.95. Options volume relatively light with 37k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.44. Implied volatility (IV30) dropped 3.55 near 106.97,and above the 52wk median, suggesting an expected daily move of $0.54. Put-call skew steepened, indicating increased demand for downside protection.

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