"DoorDash's Options" is an article about what some big money people think about a company called DoorDash. These people are not very sure if the company's stocks are going to do well or not. They have bought and sold some things called options, which are like little bets on how the company's stocks will do. Some of these big money people think the stocks might go down, and others think the stocks might go up. This article talks about what these people are doing with their money and how that might affect DoorDash's company. Read from source...
DoorDash's Options: A Look at What the Big Money is Thinking, titled by Benzinga Insights, Benzinga Staff Writer dated July 10, 2024. The text narrates a particular situation involving DoorDash's options, expressing uncertainties and providing possible scenarios. The article gave insights into big money investors' sentiment towards DoorDash, which was divided between bullish and bearish. Moreover, the text outlined the actions of 10 options traders, mainly focusing on a price range between 105.0 and 121.0 for DoorDash within the last three months. The trading context showed average open interest for DoorDash options at 1059.43, with a total volume reaching 680.00.
neutral
In the article "DoorDash' Options: A Look at What the Big Money is Thinking", the sentiment analysis is neutral. The article discusses the big money investors' stance on DoorDash, with 40% bullish and 50% bearish positions. The trading volumes and Open Interest show a focus on a price band between $105.0 and $121.0 for DoorDash. The RSI indicators suggest the stock is currently neutral, neither oversold nor overbought.
1. DoorDash (DASH): The sentiment of big money traders is mixed with 40% bullish and 50% bearish. The price target is between $105.0 and $121.0. There is a riskier asset compared to trading stock, but they have a higher profit potential. Options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
2. Other notable options activities include:
- Symbol: DASH
- Trade Type: CALL
- Sentiment: BEARISH
- Exp. Date: N/A
- Ask: $99.7K
- Bid: N/A
- Price: $104.38
- Strike Price: $105.0 - $121.0
- Total Trade Price: $99.7K
- Open Interest: 3.7K
- Volume: 680.00
- Symbol: DASH
- Trade Type: PUT
- Sentiment: BEARISH
- Exp. Date: N/A
- Ask: $78.1K
- Bid: N/A
- Price: $104.38
- Strike Price: $105.0 - $121.0
- Total Trade Price: $78.1K
- Open Interest: 1059.43
- Volume: 680.00
- Symbol: DASH
- Trade Type: CALL
- Sentiment: BULLISH
- Exp. Date: N/A
- Ask: $37.0K
- Bid: N/A
- Price: $104.38
- Strike Price: $105.0 - $121.0
- Total Trade Price: $37.0K
- Open Interest: N/A
- Volume: N/A
- Symbol: DASH
- Trade Type: CALL
- Sentiment: BULLISH
- Exp. Date: N/A
- Ask: $33.2K
- Bid: N/A
- Price: $104.38
- Strike Price: $105.0 - $121.0
- Total Trade Price: $33.2K
- Open Interest: N/A
- Volume: N/A
**Investment Recommendations:**
1. DoorDash (DASH) is a company that provides an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the US. With the acquisition of Wolt in 2022, the firm also provides this service in Europe. DoorDash provides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers. Given the mixed sentiment of big money traders, investors may consider