Mixed options sentiment in Nuscale Power Corp (SMR), with shares down 50c near $11.20. Options volume relatively light with 25k contracts traded and calls leading puts for a put/call ratio of 0.85, compared to a typical level near 0.72. Implied volatility (IV30) is higher by 0.4 points near 92.24,in the bottom quartile of the past year, suggesting an expected daily move of $0.65. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
New trading tool for SMR bulls/bearsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR:
- NuScale Power price target lowered to $13 from $20 at UBS
- NuScale Power partners with Ebara Elliott for nuclear power technology
- Mixed options sentiment in Nuscale Power Corp with shares down 4.97%
- Mixed options sentiment in Nuscale Power Corp with shares up 0.54%
- NuScale Power, Framatome partner on global supply chain