Mixed options sentiment in DraftKings (DKNG), with shares down 10c near $33.99. Options volume relatively light with 47k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.39. Implied volatility (IV30) dropped 1.54 near 59.98,in the top quartile of the past year, suggesting an expected daily move of $1.28. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: DraftKings (DKNG) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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