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DoorDash put volume heavy and directionally bearish
The Fly

DoorDash put volume heavy and directionally bearish

Bearish flow noted in DoorDash with 4,985 puts trading, or 1.1x expected. Most active are Feb-24 75 puts and 10/27 weekly 71 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.77, while ATM IV is up over 3 points on the day. Earnings are expected on November 1st.

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