Options volume is relatively light, with 12k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.53. Implied volatility (IV30) dropped 2.84 to 42.53,in the bottom quartile, suggesting an expected daily move of $1.02. Put-call skew flattened, suggesting a modestly bullish tone.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG: