Bearish flow noted in Bumble with 12,537 puts trading, or 6x expected. Most active are 3/1 weekly 10 puts and 3/1 weekly 12 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 25.64, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 27th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BMBL:
