Bullish option flow detected in DraftKings (DKNG) with 25,553 calls trading, 1.7x expected, and implied vol increasing over 4 points to 72.66%. 5/1 weekly 24.5 calls and 5/1 weekly 23.5 calls are the most active options, with total volume in those strikes near 14,800 contracts. The Put/Call Ratio is 0.29. Earnings are expected on May 7th.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Flutter, DraftKings higher after CFTC chair talks prediction market regulation
- CFTC chair defends role as regulator, Front Office Sports reports
- Midday Fly By: Intel reports big beat, Meta to deploy AWS chips
- Intel upgraded, DraftKings downgraded: Wall Street’s top analyst calls
- U.S. Soldier Busted for $400,000 Polymarket Insider Trading on Maduro Capture
