Bearish flow noted in Fisker with 4,895 puts trading, or 1.8x expected. Most active are 7/7 weekly 5.5 puts and 7/7 weekly 6 calls, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 1.51, while ATM IV is up nearly 9 points on the day. Earnings are expected on August 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FSR:
- Fisker (NYSE:FSR) Looks to Ramp Up Production; Q2 Numbers Set For August 4
- Short Report: Bears undeterred by liftoff in Virgin Galactic shares
- Fisker call volume above normal and directionally bullish
- Fisker Begins Vehicle Deliveries in the U.S.
- Fisker delivers first 22 Ocean SUVs to customers in the U.S.