Bearish flow noted in Bumble with 3,870 puts trading, or 1.3x expected. Most active are Sep-24 6 puts and 8/30 weekly 5 calls, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 1.54, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 5th.
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: