Bearish flow noted in Toast Inc with 6,121 puts trading, or 6x expected. Most active are 3/1 weekly 15 puts and 1/26 weekly 18 calls, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 4.54, while ATM IV is up over 1 point on the day. Earnings are expected on February 15th.
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