Bearish flow noted in DoorDash with 6,409 puts trading, or 1.5x expected. Most active are Feb-23 45 puts and Jan-23 40 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.27, while ATM IV is up over 1 point on the day. Earnings are expected on February 16th.
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Published first on TheFly
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