DoorDash put volume heavy and directionally bearish
The Fly

DoorDash put volume heavy and directionally bearish

Bearish flow noted in DoorDash with 5,204 puts trading, or 3x expected. Most active are Sep-24 115 puts and Sep-24 125 calls, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 3.49, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 30th.

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