Mixed options sentiment in DraftKings (DKNG), with shares up $1.39, or 4.13%, near $35.01. Options volume relatively light with 66k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.39. Implied volatility (IV30) dropped 0.07 near 61.27,in the top quartile of the past year, suggesting an expected daily move of $1.35. 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.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Midday Fly By: Netflix, TI reports weigh on markets
- Video: Netflix, Texas Instruments fall after earnings
- Morning Movers: GE Vernova climbs after third quarter earnings
- 3 Best Stocks to Buy Now, 10/22/2025, According to Top Analysts
- DraftKings’ Strategic Acquisition and Market Expansion Justify Buy Rating Amid Growth Opportunities