Bearish flow noted in DraftKings (DKNG) with 21,609 puts trading, or 1.5x expected. Most active are 8/22 weekly 45 puts and 9/12 weekly 39 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 1.53, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
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