Nuscale Power Corp call volume above normal and directionally bullish

Bullish option flow detected in Nuscale Power (SMR) Corp with 6,443 calls trading, 1.2x expected, and implied vol increasing almost 8 points to 100.61%. 5/9 weekly 20 calls and May-25 17.5 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.23. Earnings are expected on May 12th.

Claim 30% Off TipRanks