Bearish flow noted in DoorDash with 1,888 puts trading, or 1.1x expected. Most active are May-24 115 puts and May-24 130 puts, with total volume in those strikes near 920 contracts. The Put/Call Ratio is 2.44, while ATM IV is up over 1 point on the day. Earnings are expected on May 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DASH: