Pre-earnings options volume in DoorDash is 4.3x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 7.4%, or $9.21, after results are released. Median move over the past eight quarters is 4.5%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on DASH:
- Coleman’s Tiger Global bought Broadcom and DexCom during Q4
- DoorDash price target raised to $140 from $125 at Deutsche Bank
- Uber price target raised to $76 from $75 at JMP Securities
- Ahold Delhaize USA announces partnerships with DoorDash
- DoorDash price target raised to $130 from $113 at JMP Securities