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.
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