Pre-earnings options volume in DoorDash is 1.4x normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 8.9%, or $9.55, after results are released. Median move over the past eight quarters is 7.9%.
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>>
Read More on DASH:
- DoorDash partners with Meals on Wheels for national delivery
- Lockheed Martin upgraded, L3Harris downgraded: Wall Street’s top analyst calls
- DoorDash initiated with a Buy at Redburn Atlantic
- Uber, Lyft Win Epic California Court Ruling for Gig Workers
- California Supreme Court sides with Uber and Lyft over Prop. 22