Bearish flow noted in Bumble with 6,596 puts trading, or 3x expected. Most active are 10/4 weekly 6.5 puts and 10/11 weekly 5.5 puts, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 20.36, while ATM IV is up over 3 points on the day. Earnings are expected on November 5th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMBL:
- Lost Money on Bumble Inc.(BMBL)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky LLP
- Bumble put volume heavy and directionally bearish
- Trump Media slips after presidential debate: Morning Buzz
- Bumble to use AI to help users with profile, conversations, TechCrunch says
- Bipartisan group of attorneys general demand warning label on social media apps
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue