DKNG DraftKings Options Ahead of Earnings

2023年2月12日

Looking at the DKNG DraftKings options chain ahead of earnings , I would buy the $17.5 strike price Calls with
2023-6-16 expiration date for about
$2.04 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
The longer expiration date will give me some room in case I'm wrong.

Looking forward to read your opinion about it.

2023年2月15日

交易結束：目標達成

DKNG reached the Price Target after earnings. Calls trading at $3 now, from $2.04. i think there is still some upside left by the expiration date.

2023年2月17日

註釋

DKNG trading at $21.20 today and calls at $5.20 from $2.04. A decent 2.5X gain. Trade closed.