Bearish flow noted in DoorDash with 7,468 puts trading, or 1.3x expected. Most active are Dec-22 55 puts and Dec-22 45 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.95, while ATM IV is up over 2 points on the day. Earnings are expected on February 15th.
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Published first on TheFly
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