Bullish option flow detected in Bumble with 1,183 calls trading, 3x expected, and implied vol increasing almost 3 points to 65.77%. Jan-25 25 calls and Nov-23 17.5 calls are the most active options, with total volume in those strikes near 730 contracts. The Put/Call Ratio is 0.12. Earnings are expected on November 7th.
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>>
See the top stocks recommended by analysts >>
Read More on BMBL:
- Bumble price target lowered to $28 from $35 at TD Cowen
- Brinker upgraded, Berkshire Hathaway downgraded: Wall Street’s top analyst calls
- Bumble upgraded to Buy at Loop Capital on valuation
- Bumble upgraded to Buy from Hold at Loop Capital
- DraftKings upgraded, Snap initiated at Sell: Wall Street’s top analyst calls