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Maplebear Inc put volume heavy and directionally bearish

Bearish flow noted in Maplebear Inc with 7,529 puts trading, or 5x expected. Most active are Nov-25 41.5 puts and Jan-26 35 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 1.54, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 24th.

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