Looking At DoorDash's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on DoorDash (NYSE:DASH) with 70% of the investors opening trades with bullish expectations and 30% with bearish. The total amount for 2 puts is $63,335 and for 8 calls is $455,384. Whales have been targeting a price range from $50.0 to $70.0 for DoorDash over the last 3 months.
June 02, 2023 | 7:15 pm
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A whale has taken a bullish stance on DoorDash, with 70% of investors opening bullish trades and 30% bearish. Whales target a price range of $50-$70 for DoorDash over the last 3 months.
The whale's bullish stance on DoorDash indicates a positive sentiment towards the stock, which could lead to an increase in its price in the short term. The targeted price range of $50-$70 over the last 3 months also suggests that there is potential for growth. Additionally, the stock is currently up 1.1% at $68.31, further supporting the bullish sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100