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.
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:
- Trump Media slips after presidential debate: Morning Buzz
- Bumble to use AI to help users with profile, conversations, TechCrunch says
- Bipartisan group of attorneys general demand warning label on social media apps
- Bumble CFO reiterated trends remain soft in Q3, says Citi
- Bumble put volume heavy and directionally bearish
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue