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Toast Inc call volume above normal and directionally bullish

Bullish option flow detected in Toast Inc with 5,841 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 65.90%. Oct-23 18 calls and 10/13 weekly 18.5 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.31. Earnings are expected on November 9th.

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