Bullish option flow detected in Spring Valley Acquisition Corp with 2,277 calls trading, 1.1x expected, and implied vol increasing over 3 points to 120.52%. May-24 7 calls and May-24 6 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 9th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR: