Maplebear Inc put volume heavy and directionally bearish

Bearish flow noted in Maplebear Inc with 1,803 puts trading, or 1.1x expected. Most active are 6/14 weekly 32.5 puts and Jan-25 40 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 3.00, while ATM IV is up over 1 point on the day. Earnings are expected on August 7th.

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