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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 4,197 puts trading, or 1.1x expected. Most active are 10/27 weekly 63 puts and May-24 75 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 3.25, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 1st.

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