DKNG DraftKings Options Ahead of Earnings

4 lis 2024

If you haven`t bought DKNG before the rally:

Now analyzing the options chain and the chart patterns of DKNG DraftKings prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.94.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

12 lis 2024

Transakcja zamknięta: osiągnięto wyznaczony cel

DKNG traded at $43.33 today, and the Calls went up from $1.94 (when I wrote this article) to $5.10 at the close of the day (higher intraday), for a decent 2.62X gain!