Can we create a function that takes optional arguments but can skip some arguments?

Question

For example:

function test(isNew="not new", isOwned="not owned", isRed=null){
 console.log(`${isNew}, ${isOwned}, and ${isRed}`);
}

Supposing I wanted to set only isRed to a certain value... How would I achieve that and omit the rest to get the following:

test(isRed="not red") // not new, not owned, and not red

Thank you.