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Bumble put volume heavy and directionally bearish

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.

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