Mixed options sentiment in Nuscale Power Corp (SMR), with shares up 26c, or 1.65%, near $16.34. Options volume relatively light with 58k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.62. Implied volatility (IV30) dropped 0.38 near 89.65,in the bottom quartile of the past year, suggesting an expected daily move of $0.92. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published 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 $24 from $38 at B. Riley
- NuScale Power Slides as Losses Grow and Targets Fall
- Moderately bullish activity in Nuscale Power Corp with shares up 2.12%
- NuScale Power Advances with Share Amendment Approval
- Moderately bullish activity in Nuscale Power Corp with shares down 5.72%
