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Nuscale Power Corp put volume heavy and directionally bearish

Bearish flow noted in Nuscale Power (SMR) Corp with 15,555 puts trading, or 5x expected. Most active are Jun-25 18 puts and 6/27 weekly 17 puts, with total volume in those strikes near 13,300 contracts. The Put/Call Ratio is 2.05, while ATM IV is up over 2 points on the day. Earnings are expected on August 7th.

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