Mixed options sentiment in Navitas Semiconductor with shares down 16.81%

Mixed options sentiment in Navitas Semiconductor (NVTS), with shares down $1.49 near $7.35. Options volume relatively light with 44k contracts traded and puts leading calls for a put/call ratio of 1.17, compared to a typical level near 0.37. Implied volatility (IV30) dropped 4.7 near 102.52,and below the 52wk median, suggesting an expected daily move of $0.47. Put-call skew steepened, indicating increased demand for downside protection.