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Bumble put volume heavy and directionally bearish

Bumble put volume heavy and directionally bearish

Bearish flow noted in Bumble (BMBL) with 4,498 puts trading, or 2x expected. Most active are Feb-25 6 puts and Feb-25 5.5 puts, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 2.20, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.

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