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DraftKings call volume above normal and directionally bullish

Bullish option flow detected in DraftKings (DKNG) with 16,194 calls trading, 1.7x expected, and implied vol increasing almost 3 points to 50.53%. May-25 38 calls and May-25 35 puts are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.41. Earnings are expected on May 1st.

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