Moderately bullish activity in DraftKings (DKNG), with shares down $1.72 near $32.98. Options volume running well above average with 177k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 1.5 points near 63.49, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.32. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: DraftKings (DKNG) will report earnings after the close on 2025-11-06.Option markets are pricing in a 50% probability of a move greater than 12.28% or $4.05.
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