Bearish flow noted in Toast (TOST) Inc with 2,762 puts trading, or 1.6x expected. Most active are Apr-26 25 puts and Mar-26 29 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 1.64, while ATM IV is up over 2 points on the day. Earnings are expected on May 7th.
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