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DoorDash's Options Frenzy: What You Need to Know

Benzinga ·  Oct 17 22:47

Deep-pocketed investors have adopted a bearish approach towards DoorDash (NASDAQ:DASH), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DASH usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for DoorDash. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 0% leaning bullish and 37% bearish. Among these...

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