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Navitas Semiconductor call volume above normal and directionally bullish

Bullish option flow detected in Navitas Semiconductor (NVTS) with 27,797 calls trading, 5x expected, and implied vol increasing over 5 points to 101.91%. Mar-26 8 puts and 3/13 weekly 10 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.39. Earnings are expected on May 4th.

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