Bullish option flow detected in Nuscale Power (SMR) Corp with 21,879 calls trading, 3x expected, and implied vol increasing over 1 point to 141.21%. 11/1 weekly 30 calls and 10/25 weekly 20 calls are the most active options, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR:
- Nuclear Stocks Like Cameco (NYSE:CCJ) Surge as Tech Giants Bet Big on Nuclear Energy
- Nuscale Power price target raised to $21 from $16 at Craig-Hallum
- Nuscale Power Corp call buyer realizes 145% same-day gains
- Nuscale Power rises 35.0%
- Nuscale Power Corp call volume above normal and directionally bullish