Bearish flow noted in Fisker with 20,148 puts trading, or 5x expected. Most active are Apr-23 4.5 puts and 4/14 weekly 5.5 calls, with total volume in those strikes near 21,200 contracts. The Put/Call Ratio is 1.80, while ATM IV is up over 2 points on the day. Earnings are expected on May 3rd.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FSR:
- Fisker put volume heavy and directionally bearish
- Short Report: Bearish views on Lovesac remain elevated despite earnings beat
- Citi opens ‘upside Catalyst Watch’ on Fisker into narrative change
- Fisker confirms banking relationship with JPMorgan Chase NA
- Fisker says no cash deposits, securities at SVB Financial