Navitas Semiconductor Shares Up 1.97% to $23.85
Moderately bullish activity in Navitas Semiconductor (NVTS), with shares up 46c, or 1.97%, near $23.85. Options volume roughly in line with average with 29k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.54. Implied volatility (IV30) dropped 0.49 near 120.63,and above the 52wk median, suggesting an expected daily move of $1.81. Put-call skew flattened, suggesting a modestly bullish tone.