Bearish flow noted in DoorDash with 2,120 puts trading, or 1.2x expected. Most active are Jun-24 110 puts and Jun-24 109 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 4.56, while ATM IV is up over 1 point on the day. Earnings are expected on August 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DASH:
- Court rejects Uber bid to revive challenge to California gig law, Reuters says
- Academy Sports announces new exclusive partnership with DoorDash
- Uber (NASDAQ:UBER) Rises as Legal Issues Look Less Serious
- DoorDash to pay $75,000 to illegally rejected applicants, NY AG says
- DASH, LYFT: 2 Uber Rivals Hungry to Gain Ground