tiprankstipranks
The Fly

Bumble put volume heavy and directionally bearish

Bumble put volume heavy and directionally bearish

Bearish flow noted in Bumble (BMBL) with 1,149 puts trading, or 1.1x expected. Most active are Jan-25 7.5 puts and Apr-25 6 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 10.45, while ATM IV is up over 2 points on the day. Earnings are expected on February 25th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com