tiprankstipranks
Advertisement
Advertisement

DraftKings call volume above normal and directionally bullish

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

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1