Moderately bullish activity in Nuscale Power Corp with shares up 11.96%

Moderately bullish activity in Nuscale Power Corp (SMR), with shares up $4.70, or 11.96%, near $43.94. Options volume roughly in line with average with 33k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.66. Implied volatility (IV30) is higher by 7.1 points near 128.06, in the highest 10% of observations over the past year, suggesting an expected daily move of $3.54. Put-call skew steepened, indicating increased demand for downside protection.