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.
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