Nuscale Power Shares Rise 1.64% to $12.73
Mixed options sentiment in Nuscale Power Corp (SMR), with shares up 20c, or 1.64%, near $12.73. Options volume relatively light with 21k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 1.01. Implied volatility (IV30) dropped 1.9 near 100.97,and above the 52wk median, suggesting an expected daily move of $0.81. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at Northland.
