$DKNG DraftKings at Support, Bullish Options

19 Eki 2020

DKNG DraftKings bouncing off support today just under $42, forming a possible bullish hammer on the daily chart.

Bullish near term options activity today with 1.4M of $43 strike (ITM) calls expiring this week traded (30x open interest)

Near term target: $55-$57 range by mid-November



Note: This is NOT investment advice.

19 Eki 2020

Not

It's worth noting, for the second week in a row FanDuel experienced issues with stats updating in real time angering many users. Bullish for DraftKings in my opinion.