Mixed options sentiment in Nuscale Power Corp (SMR), with shares up 14c, or 1.1%, near $13.32. Options volume relatively light with 44k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.95. Implied volatility (IV30) dropped 0.61 near 114.11,in the top quartile of the past year, suggesting an expected daily move of $0.96. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 12.67% or $1.69.
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Read More on SMR:
- NuScale Power reports FY25 revenue $31.5M vs $37M last year
- Nuscale Power Corp options imply 9.7% move in share price post-earnings
- Mixed options sentiment in Nuscale Power Corp with shares up 0.48%
- NuScale Power price target lowered to $20 from $55 at Cantor Fitzgerald
- NuScale Power price target lowered to $15 from $45 at Barclays