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DoorDash put volume heavy and directionally bearish

Bearish flow noted in DoorDash (DASH) with 4,643 puts trading, or 2x expected. Most active are Jan-26 240 puts and 11/14 weekly 285 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.22, while ATM IV is up nearly 5 points on the day. Earnings are expected on November 5th.

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