Navitas Semiconductor Shares Rise 12.25%
Bullish flow in Navitas Semiconductor (NVTS), with shares up $1.94, or 12.25%, near $17.73. Options volume running well above average with 133k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.46. Implied volatility (IV30) is up nearly 23.0 points near 133.15,in the top quartile of the past year, suggesting an expected daily move of $1.49. Put-call skew flattened, suggesting a modestly bullish tone.
