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Toast Inc put volume heavy and directionally bearish

Toast Inc put volume heavy and directionally bearish

Bearish flow noted in Toast (TOST) Inc with 4,162 puts trading, or 1.9x expected. Most active are 11/22 weekly 39.5 puts and Jun-25 38 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.88, while ATM IV is up over 1 point on the day. Earnings are expected on February 13th.

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