Bearish flow noted in Bumble (BMBL) with 1,038 puts trading, or 1.2x expected. Most active are 5/30 weekly 6 puts and May-25 6 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.17, while ATM IV is up over 4 points on the day. Earnings are expected on August 6th.
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:
- Bumble price target raised to $6 from $5 at UBS
- Bumble, Inc. Earnings Call Highlights AI and Growth
- Bumble Faces Revenue Decline and Growth Risks Amidst Market Challenges
- Bumble’s Hold Rating: Navigating Revenue Decline and Innovation Challenges
- Bumble’s Strategic Shift Prompts Hold Rating Amid Uncertain Revenue Growth
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue