Moderately bullish activity in Nuscale Power Corp (SMR), with shares up $1.64, or 4.72%, near $36.28. Options volume relatively light with 41k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.67. Implied volatility (IV30) is higher by 8.6 points near 86.78,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.98. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade SMRPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR:
- NuScale Power Partners with ENTRA1 for SMR Projects
- Mixed options sentiment in Nuscale Power Corp with shares up 4.88%
- Short Report: Viking Therapeutics short interest at 5-year high after VK273 data
- CoreWeave upgraded, Instacart downgraded: Wall Street’s top analyst calls
- NuScale Power initiated with a Neutral at BofA on valuation