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DoorDash put volume heavy and directionally bearish

DoorDash put volume heavy and directionally bearish

Bearish flow noted in DoorDash (DASH) with 6,811 puts trading, or 1.1x expected. Most active are 3/28 weekly 190 puts and Sep-25 180 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 1.92, while ATM IV is up over 5 points on the day. Earnings are expected on April 30th.

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