Moderately bullish activity in Nuscale Power Corp (SMR), with shares up $1.25, or 3.6%, near $35.97. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.69. Implied volatility (IV30) dropped 0.86 near 122.86,in the top quartile of the past year, suggesting an expected daily move of $2.78. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Underperform at BNP Paribas Exane.Looking ahead: Nuscale Power Corp (SMR) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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