Bullish roll in Draftkings follows recent defensive collar

Bullish roll in Draftkings follows recent defensive collar. Shares of the online gaming company up $0.82, or 2.55%, near $33.03 this afternoon following a 3 day slide of nearly $3 to the $32 level, with a large spread trading on the Cboe floor where Open-Close data confirms a customer sold 10k Feb 2nd 35 calls for $1.04 and bought 10k March 34s for $3.04. Net outlay is $2M and opens in March while the Feb 35 call sale appears to unwind a position opened Dec 21 near $2.34 with shares traded near $35. Earnings due mid-Feb.