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.
Claim 30% Off TipRanks
New trading tool for SMR bulls/bearsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR:
- Nuscale Power initiated with a Neutral at Goldman Sachs
- NuScale Power’s Earnings Call: Growth Amid Challenges
- NuScale Power’s Promising Future: Buy Rating Backed by Strategic Growth and Financial Stability
- Nuscale Power price target raised to $22 from $20 at BTIG
- NuScale Power: Buy Rating Affirmed Amid Strong Cash Management and Positive Regulatory Outlook