Bearish flow noted in DoorDash with 7,026 puts trading, or 1.0x expected. Most active are May-24 100 puts and May-24 115 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 3.29, while ATM IV is up over 1 point on the day. Earnings are expected on May 2nd.
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>>