Bearish flow noted in Toast (TOST) Inc with 22,478 puts trading, or 4x expected. Most active are 5/22 weekly 21.5 puts and Jun-26 21 puts, with total volume in those strikes near 14,200 contracts. The Put/Call Ratio is 2.21, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 4th.
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