Unpacking the Latest Options Trading Trends in DoorDash

Comments
Loading...

Investors with a lot of money to spend have taken a bearish stance on DoorDash DASH.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with DASH, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 13 uncommon options trades for DoorDash.

This isn't normal.

The overall sentiment of these big-money traders is split between 30% bullish and 46%, bearish.

Out of all of the special options we uncovered, 9 are puts, for a total amount of $294,568, and 4 are calls, for a total amount of $798,220.

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 $125.0 to $220.0 for DoorDash over the last 3 months.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of DoorDash stands at 346.4, with a total volume reaching 1,515.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in DoorDash, situated within the strike price corridor from $125.0 to $220.0, throughout the last 30 days.

DoorDash Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DASH CALL SWEEP BEARISH 05/16/25 $7.9 $7.4 $7.49 $220.00 $564.0K 344 0
DASH CALL TRADE NEUTRAL 09/19/25 $26.35 $25.0 $25.8 $190.00 $154.8K 536 60
DASH CALL TRADE BULLISH 02/21/25 $6.8 $6.65 $6.8 $200.00 $46.9K 569 83
DASH PUT TRADE BULLISH 08/15/25 $17.85 $17.3 $17.45 $180.00 $38.3K 49 38
DASH PUT TRADE BEARISH 08/15/25 $17.75 $17.2 $17.6 $180.00 $35.2K 49 342

About DoorDash

Founded in 2013 and headquartered in San Francisco, DoorDash is an online delivery demand aggregator. Consumers can use its app to order food items on-demand for delivery or in-store from merchants. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe and Asia. DoorDash creates a marketplace for merchants to establish a presence online, market their offerings, and meet demand through delivery. The firm provides similar service to nonrestaurant businesses, such as grocery, retail, and pet supplies. Dash is also rolling out nascent technology like drone delivery in an effort to continually innovate and provide the best possible service to supply-side and demand-side contingents of its marketplace.

After a thorough review of the options trading surrounding DoorDash, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of DoorDash

  • With a trading volume of 857,143, the price of DASH is down by -1.16%, reaching $186.64.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 8 days from now.

Expert Opinions on DoorDash

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $199.2.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Morgan Stanley has decided to maintain their Overweight rating on DoorDash, which currently sits at a price target of $200. * An analyst from Wells Fargo persists with their Equal-Weight rating on DoorDash, maintaining a target price of $166. * An analyst from Keybanc persists with their Overweight rating on DoorDash, maintaining a target price of $225. * Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for DoorDash, targeting a price of $205. * Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for DoorDash, targeting a price of $200.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious 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.

If you want to stay updated on the latest options trades for DoorDash, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
▲▼
ticker
▲▼
Put/Call
▲▼
Strike Price
▲▼
DTE
▲▼
Sentiment
▲▼

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!