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Maplebear Inc put volume heavy and directionally bearish

Bearish flow noted in Maplebear Inc with 1,339 puts trading, or 2x expected. Most active are Jun-25 40 puts and 2/28 weekly 42 puts, with total volume in those strikes near 410 contracts. The Put/Call Ratio is 2.41, while ATM IV is up over 2 points on the day. Earnings are expected on May 7th.

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