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What the Options Market Tells Us About DoorDash

Benzinga ·  Sep 30 23:45

Financial giants have made a conspicuous bearish move on DoorDash. Our analysis of options history for DoorDash (NASDAQ:DASH) revealed 9 unusual trades.

Delving into the details, we found 22% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $74,850, and 7 were calls, valued at $241,460.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $135.0 to $160.0 for DoorDash over the last 3 months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into...

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