Moderately bullish activity in DraftKings (DKNG), with shares up 16c, or 0.47%, near $33.16. Options volume roughly in line with average with 24k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.38. Implied volatility (IV30) is higher by 0.5 points near 63.96, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.34. Put-call skew steepened, indicating increased demand for downside protection.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 10.57% or $3.50.
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