Shares of Bumble Inc. (BMBL) surged 5.01% on Tuesday, closing at $XX.XX per share, as investors positioned themselves ahead of the dating app company's upcoming earnings report. The stock's move higher coincided with elevated options trading activity, suggesting traders are expecting a significant post-earnings stock price move.

According to data from trade-alert, the volume of Bumble options traded on Tuesday was 1.6 times the normal level, with put options outnumbering call options by a ratio of 8:5. Furthermore, the implied volatility priced into Bumble's options indicates that the market is anticipating a 12.2% share price move following the earnings release.

While the reasons behind traders' positioning remain unclear, the heightened options activity and elevated implied volatility suggest that market participants are bracing for a potentially market-moving earnings report from Bumble. The company is scheduled to report its latest quarterly results after the market close on [DATE].