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.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CART:
- Maplebear Inc put volume heavy and directionally bearish
- Instacart, Home Depot announce nationwide partnership to offer same-day delivery
- Instacart says does not expect to exceed GTV guidance
- Instacart price target raised to $49 from $46 at Loop Capital
- Chase Coleman’s Tiger Global exits PDD, boosts Amazon in Q1