Nuscale Power Corp put volume heavy and directionally bearish

Bearish flow noted in Nuscale Power (SMR) Corp with 8,655 puts trading, or 1.2x expected. Most active are Feb-25 21.5 puts and 2/14 weekly 25 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 1.75, while ATM IV is up over 4 points on the day. Earnings are expected on February 27th.

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