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Spring Valley Acquisition Corp call volume above normal and directionally bullish
The Fly

Spring Valley Acquisition Corp call volume above normal and directionally bullish

Bullish option flow detected in Spring Valley Acquisition Corp with 2,765 calls trading, 1.3x expected, and implied vol increasing almost 4 points to 98.49%. 9/13 weekly 8.5 calls and Sep-24 8.5 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.05. Earnings are expected on November 7th.

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