Financial giants have made a conspicuous bullish move on DoorDash. Our analysis of options history for DoorDash (NASDAQ:DASH) revealed 21 unusual trades.

Delving into the details, we found 52% of traders were bullish, while 23% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $2,740,160, and 15 were calls, valued at $800,727.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $160.0 to $220.0 for DoorDash over the last 3 months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for DoorDash options trades today is 956.38 with a total volume of 8,681.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for DoorDash's big money trades within a strike price range of $160.0 to $220.0 over the last 30 days.

DoorDash Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About DoorDash

Following our analysis of the options activities associated with DoorDash, we pivot to a closer look at the company's own performance.

Present Market Standing of DoorDash

• Currently trading with a volume of 1,394,220, the DASH's price is up by 0.15%, now at $201.2.
• RSI readings suggest the stock is currently may be overbought.
• Anticipated earnings release is in 76 days.

Expert Opinions on DoorDash

5 market experts have recently issued ratings for this stock, with a consensus target price of $199.2.

Turn $1000 into $1270 in just 20 days?

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.