Bearish flow noted in Toast (TOST) Inc with 7,389 puts trading, or 3x expected. Most active are Jun-25 42 puts and Oct-25 40 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 1.73, while ATM IV is up over 1 point on the day. Earnings are expected on August 5th.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOST:
- Jefferies software analyst holds an analyst/industry conference call
- Toast initiated with a Buy at Truist
- Toast price target raised to $45 from $44 at BMO Capital
- Toast Inc. Poised for Strong Growth: Analyst Recommends ‘Buy’ Amid Robust Performance and Expansion Plans
- Mixed Signals Lead to Hold Rating for Toast Inc: Strong Q1 Performance and Future Challenges