Bearish flow noted in DoorDash (DASH) with 8,794 puts trading, or 3x expected. Most active are 3/14 weekly 195 puts and 3/14 weekly 180 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 2.11, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 30th.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DASH:
- Uber Takes DoorDash to Court Over Antitrust Violations
- SoftBank reports new stakes in PacBio, Recursion Pharmaceuticals
- Making Sense of Lyft’s (LYFT) Potential Upside After Remarkable 2024 Performance
- DoorDash price target raised to $235 from $180 at Susquehanna
- DoorDash price target raised to $200 from $163 at Barclays
