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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 4,663 puts trading, or 1.8x expected. Most active are 2/2 weekly 14 puts and Apr-24 22.5 calls, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 8.85, while ATM IV is up over 1 point on the day. Earnings are expected on February 21st.

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