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Bumble put volume heavy and directionally bearish
The Fly

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.

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