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Fisker call volume above normal and directionally bullish

Bullish option flow detected in Fisker with 6,403 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 85.33%. 6/23 weekly 5.5 calls and Jul-23 7 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.22. Earnings are expected on August 2nd.

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Published first on TheFly

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