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DoorDash put volume heavy and directionally bearish

Bearish flow noted in DoorDash (DASH) with 4,119 puts trading, or 1.1x expected. Most active are Jan-26 240 puts and 11/7 weekly 240 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.72, while ATM IV is up over 1 point on the day. Earnings are expected on November 5th.

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