Bullish option flow detected in Navitas Semiconductor (NVTS) with 74,912 calls trading, 1.6x expected, and implied vol increasing almost 18 points to 128.11%. May-26 18 calls and Jun-26 20 calls are the most active options, with total volume in those strikes near 19,300 contracts. The Put/Call Ratio is 0.29. Earnings are expected on August 3rd.
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Read More on NVTS:
- Navitas Semiconductor price target raised to $13.70 from $12.50 at Morgan Stanley
- Navitas Semiconductor price target raised to $13 from $7 at Rosenblatt
- Navitas Semiconductor price target raised to $21 from $13 at Needham
- Navitas Semiconductor Leans on High-Power for Turnaround
- Navitas Semiconductor options imply 13.3% move in share price post-earnings
