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Bumble call volume above normal and directionally bullish
The Fly

Bumble call volume above normal and directionally bullish

Bullish option flow detected in Bumble with 1,092 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 71.17%. May-23 22.5 calls and May-23 17.5 calls are the most active options, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 4th.

Published first on TheFly

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