The Investment Thread

DraftKings looks like a potentially nice Friday morning straddle (pre-market earnings).

May hop in with about twenty near the money calls for 02/25 at some point today, and straddle it with ten 02/25 near the money puts on Thursday around market close.

This one has been in a downtrend, however the short interest appears to be steadily rising, indicating that it is being short-attacked aggressively (45 million shares short).

Very low I.V. on this one, which makes the premiums very cheap relative to its theta with earnings on the horizon.

Not a licensed advisor (yet), this is not financial advice.