Bearish flow noted in DoorDash (DASH) with 2,575 puts trading, or 1.3x expected. Most active are 5/1 weekly 165 puts and 5/1 weekly 197.5 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.41, while ATM IV is up over 1 point on the day. Earnings are expected on May 6th.
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