NuScale Power Corporation (SMR) shares reached a support area on Friday, 27 March 2026. The level combined a horizontal trendline with a descending trendline.<\/p>\n
The stock is down 82% from its October 2025 high of $57.50. The text frames this drop as a basis for a short-term rebound.<\/p>\n
It describes the shares as oversold after the six-month fall of 82%. It also links potential demand for nuclear power to the Iran\u2013US war and disruption in the Straits of Hormuz.<\/p>\n
The piece projects up to 40% upside within weeks. It gives an upside target of $14.30.<\/p>\n
With NuScale Power (SMR) sitting on a strong technical support level, we are viewing this as a prime setup for a short-term bullish trade. The stock has been beaten down severely since its high back in October 2025, creating an extremely oversold condition. This suggests a high probability of a sharp, fast bounce in the coming weeks.<\/p>\n
For traders, this points towards using call options to capitalize on the potential upside with defined risk. We’ve seen a surge in options volume, particularly for the April and May 2026 expirations, with call buying outpacing puts by nearly 4-to-1 last Friday. Considering the target of $14.30, looking at out-of-the-money strikes like the $12 or $13 calls could offer significant leverage if the stock moves as anticipated.<\/p>\n
The geopolitical situation in the Strait of Hormuz is a major catalyst, as recent reports confirm ongoing disruptions are causing global oil futures to spike. This is forcing a renewed focus on energy independence, and we’ve already seen the Global X Uranium ETF (URA) climb 8% last week. This sector-wide tailwind adds credibility to the thesis that NuScale could see a rapid re-rating.<\/p>\n
However, the heightened tension has pushed implied volatility on SMR options above 95%, making them expensive. This high cost increases the risk of theta decay if the stock moves sideways instead of up. A trader must be confident that the upward move will happen soon to overcome this decay.<\/p>\n
A more risk-defined strategy would be to use a bull call spread. For example, one could buy the May $11 call and simultaneously sell the May $14 call. This would lower the initial cost and still capture a majority of the expected move toward the $14.30 target, offering a favorable risk-reward profile.<\/p>\n","protected":false},"excerpt":{"rendered":"
NuScale shares hit key support after 82% plunge; oversold setup suggests rebound, targeting $14.30 and 40% upside.<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-45885","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/45885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=45885"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/45885\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=45885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=45885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=45885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}