Bullish option flow detected in Navitas Semiconductor (NVTS) with 113,468 calls trading, 20x expected, and implied vol increasing almost 42 points to 145.19%. 8/22 weekly 10 calls and 7/25 weekly 9 calls are the most active options, with total volume in those strikes near 29,300 contracts. The Put/Call Ratio is 0.08. Earnings are expected on August 4th.
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