Fisker put volume heavy and directionally bearish

Bearish flow noted in Fisker with 6,350 puts trading, or 1.3x expected. Most active are Apr-23 7 puts and Feb-23 7.5 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 3.47, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 27th.