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Fisker put volume heavy and directionally bearish

Bearish flow noted in Fisker with 11,167 puts trading, or 2x expected. Most active are Jun-23 7 puts and 4/28 weekly 7 calls, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 3.13, while ATM IV is up nearly 10 points on the day. Earnings are expected on May 9th.

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