Match Group (MTCH, Financial) has seen a noticeable uptick in bearish trading activity, as recent data reveals that 3,246 put options were traded, significantly above the anticipated levels by 1.6 times. This surge in trading was particularly concentrated around the April 2025 25 puts and the April 2025 28.5 calls, with these two strikes alone amassing nearly 2,700 contracts in total volume.
The Put/Call Ratio for Match Group stands at 2.19, indicative of a bearish market sentiment as puts outnumber calls. Furthermore, the at-the-money implied volatility (ATM IV) has risen sharply, increasing by almost 7 points in a single day. This heightened volatility suggests that traders are bracing for potential significant price movements as the company's earnings report, scheduled for May 6, approaches.
