DKNG

highskier
Eternal

Posts: 2,520

OPKO Investment: Long

DKNG Nov 19, 2020 20:21:41 GMT

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Post by highskier on Nov 19, 2020 20:21:41 GMT

One of the leading gambling stks. Lots of recent news.

From the 9/4/20 intraday low of 34.47 it ran to the 10/20/20 intraday high of 64.19. It subsequently retraced virtually 100% of that move. Now moving up again with a PT of 100 from Loop Capital. It has moved above the 50SMA in the last two sessions.

Today is showing >150K Calls (49% between the Market) vs >32K Puts (55% between the Market being traded. The Delta between 41-60 is the most active with >52K contracts (34%) traded. The P/C Ratio is 0.215.

highskier
Eternal

Posts: 2,520

OPKO Investment: Long

DKNG Mar 19, 2021 16:54:52 GMT

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Post by highskier on Mar 19, 2021 16:54:52 GMT

Has been in an uptrend since bouncing off the 35.15 S on 11/2/20. Near all time highs as it's expected $1B will be wagered during March Madness.

Option activity shows ~103K Calls (30% at Delta 41-60) vs ~32K Puts (35% at Delta 0-20) traded. P/C Ratio is 0.309.

highskier
Eternal

Posts: 2,520

OPKO Investment: Long

DKNG Sept 10, 2021 15:10:18 GMT

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Post by highskier on Sept 10, 2021 15:10:18 GMT

Football is back. The stk has been rising since Aug 20 and now sits just below the 64.19 R. The last 3 attempts to close above it have failed as vol starts to decline. Appears to be setting up for a breakout from this level. The next stop is 67.10 and then ATH @74.38.

So far today the option statistics are showing 52,765 Calls vs 14,881 Puts traded.

highskier Eternal Posts: 2,520 OPKO Investment: Long May 11, 2017 20:10:27 GMT	DKNG Feb 18, 2022 17:39:32 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by highskier on Feb 18, 2022 17:39:32 GMT Near the ATL after earnings. March madness bets not in this earnings report. Will it have a bounce before the next quarter's report?

lookingforatenbagger
Eternal

Posts: 3,479

OPKO Investment: Long
Sentiment: Neutral
Recommendation: Buy

DKNG Feb 18, 2022 22:08:53 GMT

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Post by lookingforatenbagger on Feb 18, 2022 22:08:53 GMT

Feb 18, 2022 17:39:32 GMT highskier said:

Near the ATL after earnings. March madness bets not in this earnings report. Will it have a bounce before the next quarter's report?

The online sports gambling industry is in a death match, giving away hordes of cash just to get a "customer signed up. The volume will increase with march Madness, but there is no profit insight, IMHO

Brandolini's Law: The amount of energy needed to refute bullshit is an order of magnitude bigger than that needed to produce it.

highskier Eternal Posts: 2,520 OPKO Investment: Long May 11, 2017 20:10:27 GMT	DKNG Oct 26, 2022 15:46:03 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by highskier on Oct 26, 2022 15:46:03 GMT I's in the second session of move up on below ave vol. It has moved above the MBB (14.37) and daily 14.36. Descending 50 SMA is 16.53. Earnings out Nov 4 BMO. P/C Ratio is 0.394.

highskier
Eternal

Posts: 2,520

OPKO Investment: Long

DKNG Mar 29, 2023 15:55:41 GMT

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Post by highskier on Mar 29, 2023 15:55:41 GMT

It has been vacillating along the daily 17.60 S since early Mar. In the meantime the daily 50 SMA has caught up with the price. with the launch of the new DK Horse betting app it could be getting ready to make a move to the next stop @20.26 and perhaps 21.40.
P/C Ratio is 0.819 with 45% (12,643) of the 28,354 Calls traded at the Ask or above.

BOSTON, March 29, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that DK Horse, the digital gaming operator’s first-ever horse racing product, has launched in twelve (12) states and expects to launch in additional states by the Kentucky Derby on Saturday, May 6, 2023. The standalone, DK Horse-branded app allows eligible customers to access pari-mutuel wagering on horse racing. In November 2022, DraftKings and Churchill Downs Incorporated (Nasdaq: CHDN) (“CDI”) announced a multi-year agreement pursuant to which CDI’s subsidiary, TwinSpires, agreed to power the advance deposit pari-mutuel wagering technology for DK Horse.

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Post by highskier on Nov 19, 2020 20:21:41 GMT

Post by highskier on Mar 19, 2021 16:54:52 GMT

Post by highskier on Sept 10, 2021 15:10:18 GMT

Post by highskier on Feb 18, 2022 17:39:32 GMT

Post by lookingforatenbagger on Feb 18, 2022 22:08:53 GMT

Post by highskier on Oct 26, 2022 15:46:03 GMT

Post by highskier on Mar 29, 2023 15:55:41 GMT

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