Core Insights - DoorDash Inc's stock increased by 3.6% to $267.56 after Goldman Sachs reinstated coverage with a "buy" rating and a price target of $315, citing momentum from the acquisition of Deliveroo [1] - The stock is on track for its third consecutive gain, rebounding from its 100-day moving average and approaching its record high of $285.50 from October 16, with a year-to-date increase of 59.9% [1] Options Activity - There has been an increase in put options activity, with a 10-day put/call volume ratio of 1.60, ranking higher than 91% of annual readings, indicating a potential unwinding of pessimism that could benefit the stock [2] Upcoming Earnings Report - DoorDash is preparing for its earnings report scheduled for November 5, with historical performance showing that the stock finished higher in five of the last eight post-earnings sessions, including a 5% increase in August [3] - Options markets are anticipating a next-day price swing of 7.5% following the earnings report [3] Volatility Assessment - A premium-selling strategy may be advantageous, as DoorDash's Schaeffer's Volatility Scorecard (SVS) is at 18 out of 100, indicating that the stock has experienced lower volatility than what its options pricing suggests [4]