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Toast Inc call volume above normal and directionally bullish

Bullish option flow detected in Toast Inc with 15,507 calls trading, 1.1x expected, and implied vol increasing over 2 points to 64.50%. Aug-23 20 calls and 8/11 weekly 20 puts are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.64. Earnings are expected on August 8th.

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