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Bumble put volume heavy and directionally bearish
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Bumble put volume heavy and directionally bearish

Bearish flow noted in Bumble with 27,437 puts trading, or 32x expected. Most active are Nov-23 12.5 puts and 11/10 weekly 13.5 puts, with total volume in those strikes near 27,300 contracts. The Put/Call Ratio is 235, while ATM IV is up nearly 7 points on the day. Earnings are expected on November 7th.

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