DKNG DraftKings Options Ahead of Earnings

If you haven`t bought the dip on DKNG here:

Then analyzing the options chain and the chart patterns of DKNG DraftKings prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.93.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade geschlossen: Ziel wurde erreicht:

DKNG traded at $34.21 after earnings, and the Calls went up from $1.93 (when I wrote this article) to $5.35 at the close today (a lot higher intraday), for an amazing 2.75X gain!