Bearish flow noted in Bumble with 2,805 puts trading, or 1.6x expected. Most active are 2/2 weekly 14 puts and 2/2 weekly 13.5 puts, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 3.10, while ATM IV is up over 1 point on the day. Earnings are expected on February 21st.
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:
