Bearish flow noted in Maplebear Inc with 6,755 puts trading, or 16x expected. Most active are Apr-24 34 puts and Jul-24 45 calls, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 7.75, while ATM IV is up over 1 point on the day. Earnings are expected on May 8th.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CART:
- Maplebear Appoints Dolan, Jordan and McCarthy to Exit
- PubMatic’s Instacart ads integration ‘to leverage retail media data across CTV’
- PubMatic’s Instacart ads integration ‘to leverage retail media data across CTV
- Fox Advisors downgrades Instacart to Market Perform after 59% rally
- Instacart downgraded to Market Perform from Outperform at Fox Advisors