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Fisker put volume heavy and directionally bearish

Bearish flow noted in Fisker with 23,086 puts trading, or 2x expected. Most active are 4/14 weekly 4.5 puts and 4/6 weekly 5.5 calls, with total volume in those strikes near 15,500 contracts. The Put/Call Ratio is 1.74, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 3rd.

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