A Closer Look at DoorDash's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
DoorDash (NASDAQ:DASH) has seen significant options market activity, with a majority of trades being bullish. Wealthy investors or institutions have shown interest, with 25 call options and 2 put options, indicating a potential price target range of $125 to $210. Analysts have mixed ratings, with a consensus target price of $155.4.
October 21, 2024 | 5:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
DoorDash has experienced unusual options activity, with a majority of trades being bullish. Wealthy investors or institutions are targeting a price range of $125 to $210. Analysts have mixed ratings, with a consensus target price of $155.4.
The significant bullish options activity suggests that investors expect DoorDash's stock price to rise. The presence of wealthy investors or institutions indicates confidence in the stock's potential. Analysts' mixed ratings provide a balanced view, but the consensus target price is slightly above the current price, supporting a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100