Check Out What Whales Are Doing With DASH

Benzinga Insights

March 14, 2025

Benzinga

Whales with a lot of money to spend have taken a noticeably bullish stance on DoorDash.

Looking at options history for DoorDash (NASDAQ:DASH) we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 27% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $236,220 and 6, calls, for a total amount of $344,342.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $95.0 and $200.0 for DoorDash, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for DoorDash's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of DoorDash's whale activity within a strike price range from $95.0 to $200.0 in 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	TRADE	BULLISH	03/21/25	$16.4	$16.0	$16.4	$170.00	$163.9K	905	100
DASH	PUT	TRADE	BEARISH	03/21/25	$9.0	$7.75	$9.0	$190.00	$112.5K	1.8K	0
DASH	CALL	SWEEP	BULLISH	03/21/25	$2.57	$2.57	$2.57	$190.00	$64.2K	2.7K	1.0K
DASH	CALL	TRADE	NEUTRAL	01/16/26	$75.05	$73.25	$74.3	$120.00	$37.1K	2.2K	5
DASH	PUT	SWEEP	BULLISH	04/17/25	$5.75	$5.55	$5.63	$175.00	$33.7K	626	111

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.

Current Position of DoorDash

Currently trading with a volume of 4,037,306, the DASH's price is up by 2.84%, now at $183.36.
RSI readings suggest the stock is currently may be approaching oversold.
Anticipated earnings release is in 47 days.

What Analysts Are Saying About DoorDash

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $223.33.

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. * Consistent in their evaluation, an analyst from Loop Capital keeps a Buy rating on DoorDash with a target price of $235. * Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on DoorDash with a target price of $200. * An analyst from Susquehanna has decided to maintain their Positive rating on DoorDash, which currently sits at a price target of $235.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for DoorDash with Benzinga Pro for real-time alerts.