Notable profits for the buyer who lifted the $2.35 offer for 3,432 DoorDash (DASH) 2/24 weekly 70 calls yesterday at 10:20ET when underlying shares were trading at $64.56. Shares closed at $68.18, and the calls at $4.03 for a mark-to-market profit of 72%, or $577K, on the $806K outlay.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DASH:
- DoorDash Cooks Up a Win with Its Earnings Report
- DoorDash price target lowered to $72 from $80 at BofA
- DoorDash unveils new safety features for riders, TechCrunch reports
- Vita Coco to deliver free hangover recovery after the Big Game
- Roku and DoorDash team on DashPass, access to on-demand delivery from TVs