Bumble (BMBL) calls see heavy volume ahead of earnings. Shares off 7c, or 1%, near $7.47 with calls leading puts 7:1 and buyers driving the action, paying up to $1 for 1k Aug 7 calls as shares traded 7.42, followed by a buyer of 2k Aug 9 calls for 35c. Earnings due after the close today with near term options pricing in a move near 15%- in line with the average reaction over the past two years.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMBL: