DoorDash put volume heavy and directionally bearish
The Fly

DoorDash put volume heavy and directionally bearish

Bearish flow noted in DoorDash with 9,624 puts trading, or 1.1x expected. Most active are Nov-23 84 puts and 11/10 weekly 88 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 2.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 15th.

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