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DraftKings call volume above normal and directionally bullish

Bullish option flow detected in DraftKings with 19,180 calls trading, 1.2x expected, and implied vol increasing almost 3 points to 60.92%. Jul-24 38 puts and Jul-24 40 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.39. Earnings are expected on August 1st.

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