Match approaches Meet with takeover offer: Bloomberg

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Put Buying Activity in The Meet Group (MEET) Targets 16% Downside in Shares Through May -Susquehanna

February 10, 2020 2:56 PM EST

Susquehanna options strategist Alison Edwards notes put buying activity in The Meet Group (NASDAQ: MEET), as an investor purchased 10k May 7 Puts for $1.85, breaking even on a ~16% move lower. Last week, investors bought 14k May 6 puts after the shares traded higher on speculation of a deal with MTCH.

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