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Bumble put volume heavy and directionally bearish

Bearish flow noted in Bumble with 4,551 puts trading, or 6x expected. Most active are Jan-25 4 puts and Jan-26 5 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 3.55, while ATM IV is up over 1 point on the day. Earnings are expected on November 5th.

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