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Toast Inc call volume above normal and directionally bullish

Bullish option flow detected in Toast Inc with 2,241 calls trading, 2x expected, and implied vol increasing over 1 point to 61.24%. May-23 20 calls and 4/6 weekly 16.5 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 11th.

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Published first on TheFly

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