Bearish flow noted in Bumble with 17,263 puts trading, or 10x expected. Most active are 3/1 weekly 10.5 puts and 3/1 weekly 11.5 puts, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 13.57, while ATM IV is up over 4 points on the day. Earnings are expected on February 27th.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BMBL: