Bearish flow noted in Bumble with 23,475 puts trading, or 7x expected. Most active are 7/26 weekly 9.5 puts and 7/12 weekly 9 calls, with total volume in those strikes near 23,600 contracts. The Put/Call Ratio is 28.52, while ATM IV is up over 5 points on the day. Earnings are expected on August 6th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMBL: