Moderately bullish activity in Navitas Semiconductor with shares up 2.54%

Moderately bullish activity in Navitas Semiconductor (NVTS), with shares up 34c, or 2.54%, near $13.95. Options volume relatively light with 26k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.26. Implied volatility (IV30) dropped 3.86 near 141.71, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.25. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Rosenblatt.Looking ahead: Navitas Semiconductor (NVTS) will report earnings after the close on 2025-11-03.Option markets are pricing in a 50% probability of a move greater than 15.24% or $2.13.