DoorDash Inc (NASDAQ: DASH) stock is up 2.8% at $178.28 at last check, brushing off a top- and bottom-line miss for the fourth quarter after the food delivery name also reported a 32% year-over-year surge in orders, in addition to a 38% revenue jump. No fewer than 14 analysts chimed in with price-target cuts in response, while five hiked their price objectives.
DASH is pacing for its third-straight gain, and yesterday scored its best single-session pop since April. The shares are bouncing off a pullback to $160, but have yet to conquer their descending 20-day moving average, which turned to resistance in January. So far in 2026, DoorDash stock has shed more than 19%.
Short-term options traders have been overwhelmingly bearish. This is per DASH's Schaeffer's put/call open interest ratio (SOIR) of 0.64 that sits in the 87th percentile of readings from the past year.
Drilling down to today's options activity, 18,000 calls and 19,000 puts have crossed the tape so far, volume that's 10 times the volume typically seen at this point. The most active contract is the February 200 call, followed by the 160 put in that series, with new positions opening at both.
