Reddit Posts
What Price is DKNG A BUY? State your opinion Below.
DraftKings (DKNG) Insiders have been offloading shares, selling as stock climbs higher.
Bag held DKNG all summer but got released with Q3 🚀 earnings took 100% off a DEC25c position, rolling into these which got until EOQ1.24 - also, took most of original investment and opened a play on JBLU too!
Everything you need to know about ROKU earnings here
ABNB Earnings Alert: Everything you need to know 🚀🔥
DKNG v. UBER - keep one, keep both, sell both, keep both of these post-emergent special purpose acquisition companies?
Is it better to roll over ITM options at a higher strike?
Golden Matrix very interesting, unbelievable revenue growth and more. It’s a gambling company
GMGI very interesting over 200% revenue growth, acquisitions, small float
How SCOTUS transformed sports betting into a high-growth tech business: Americans have bet $245B on sports since 2018
Sportradar (SRAD) continues to impress under the radar (Q2 Earnings)
SHOULD I BUY? Cathie Wood dumps $24 million in two of Ark's largest holdings
Looking for high premium option chain stocks in the $10-$50 range or a way to search on my own.
I was down 55% on my portfolio headed into January 2023 and have now broke even thanks to the advice of r/stocks
Moved from trading to investing. Question about losing positions.
Taking profits and then watching the stock soar…
2023-05-09 Wrinkle Brain Plays - In the style of a Pirate
Block (SQ) bag holders, what are your plans with the stock?
2023-05-08 Wrinkle Brain Plays - In the style of a Maple Syrup Lover
Day 7 of stocks lads I still don't know what I'm doing I bought a put on frc and made money, I hope my call on DKNG goes well.
DKNG stock - why aren’t there more apes??? Why the fuck are people not buying this at every opportunity? (Not financial advice)
DKNG is the last true digital/internet migration
Investors in $DKNG #NFTs are Uniting to Fight Losses🥊
Like the my last post last week, I gave a serious WARNING to stop playing squeeze with garbage stocks when we are trending red in the short term. My pick $DKNG went up 15% on a heavy red day Friday
Hot Stocks: DKNG surges on earnings; CGNX, XP plunge; KNSL reaches 52-week high
DraftKings gains 9% as analysts rave over earnings (NASDAQ:DKNG)
What a time to be in DKNG, I don’t know anything about football but I was at home lighting up a Super Bowl. 🍃 Thank god for all of my gambling addicts out there 💯🚀
News Catalyst Round-Up: $DCFC $JSPR $EOSE $EBET $SBET
Prediction 2/17/22: DKNG, NEXI & ALDX
Friends be WARNED.. the overall market looks dangerously close to falling off a cliff, might not be a good time to take high risk plays. My only ‘squeeze’ play of the day is $DKNG. There was alot of puts on them to shit earnings but they beat. Legit reason to squeeze.
Super Bowl LVII: Americans Could Be Replacing Investing With Sports Betting | Investing.com
ETFs to Watch: Inflation and earnings from the likes of KO, BIIB and DKNG
Super Bowl LVII: Bettors and marketers are ready for the big game (NASDAQ:DKNG)
2023-01-23 Wrinkle-brain Plays (Mathematically derived options plays) DD
2023-01-16 Wrinkle-brain Plays (Mathematically derived options plays)
2023-01-16 Wrinkle-brain Plays (Mathematically derived options plays) DD
I suck at sports bets too, just lost $4k on the Giants…thank you $DKNG I hope everyone shorts you
If We Haven't Bottomed, Why Have Growth and Tech Stocks Already Started To Do So Well Lately?
Puts on DraftKings: News of hack hitting the press in last half hour
$DKNG - DraftKings Slated to Launch Online Sportsbook in Maryland on November 23
Any interesting ideas for making money on stock you sold calls against?
2022-11-14 Wrinkle-brain Plays (Mathematically derived options plays)
w DraftKings DKNG Stock Bet - Up 200% on Call Option Trade...
Next weeks early weeks earnings….puts all around
22K FD Yolo, Earnings Play | TWLO 55.00 P | DKNG 17.00 C
11K FD YOLO, DKNG Earnings Play 17.00 C 11/4
DraftKings (DKNG) Buy/Sell/Hold
I invested all of my GameStop earnings into high growth. They’ve been decimated over the last 18 months. What now?
$PSFE To Benefit From This Negative $PYPL News?
Skillz Inc. (SKLZ) is down -97% and it's still not cheap
Amazon Selects DraftKings as a Sponsor and the Exclusive Pregame and In-Game Odds Provider for Thursday Night Football on Prime Video
Expect DIS <=> DKNG rumors to start heating up again.
Football is back, may be time to consider DKNG
Mentions
#TLDR --- Ticker: DKNG Direction: Up Prognosis: PT $100+ Position: 21,685 shares @ $28.49
Yeah, this is huge!!! DKNG like all gambling stocks has their challenges but the stock is way too cheap sub 30.00 to not get in. I last sold it at like 48 and bought back in this morning. I expect it to be back in the 40's by the end of next week on this news.
$DKNG Draftkings is going to $40 after earnings today.
$DKNG one to watch today - just entered a multi year agreement with $ESPN
BA, SNAP will for sure bounce back to his cost basis. CMG, and DKNG probably will eventually if he just holds. The other ones idk
fellow DKNG and UNH bro I feel your pain
Doing some CSPs tomorrow Selling 10 TTD 11/14 47P for ideally around 4k in premium Selling 10 DKNG 11/14 27P for around $1,150 in premium
Anyone know why DKNG down so much? Was thinking of either buying some before earnings or selling some puts
Another reason to own HOOD. That stock has been like the hand of God for my port. If I was smarter I would've opened up a long term short on DKNG a month back
Someone tell me why I shouldn’t dump a milly into DKNG tomorrow.
Earnings plays have been a little rough NGL META - rekt PINS - nuked What’s my last play you ask? DKNG Pepe Wendy’s hat emoji…🪦
Benzinga made an article about the death cross on DKNG. Sorry bro it’s printing
no matter how bad ur day is, you didn’t full port $35 calls on $DKNG two weeks ago so smile 😊
https://preview.redd.it/ejn5jqxs4jzf1.png?width=927&format=png&auto=webp&s=a0c2cf0322c33bedb5c17879fc4211d8c8d949ab Me after full porting $DKNG just to get liquidated and transferring more $$ across to buy $MSFT dip (i know im a fukin genius)
Part of me says DKNG is a buy at this level, buut their business model is far from unique hmm
Loading DKNG calls with earnings tomorrow. Stocks has been selling off so hard because of prediction market hype in last month. I think earnings will show very little impact to DKNG fundamentals. Also have been increasing long position in the stock at these prices
if you ever feel like your port is failing or questioning your ability, just know that I full ported calls on $DKNG right before the BofA downgraded them to neutral from buy https://preview.redd.it/58mfevj96gzf1.png?width=906&format=png&auto=webp&s=d0fc356fd833f32d4fa80e1264708a6c4d592b76
DKNG to their 1 year low Great time to buy thank me later
Is DKNG going bankrupt or what the fuck?
I need a DKNG rally. Don’t own the stonk but their tanking price is affecting my profit boosts!!!
Buy DKNG if you want to wake up pissed off everyday
Im guessing you were in a DKNG position before? Just checked and on my 3 leaps im down about $150 total rn (im $2700 in for $30 contracts expiring jan 2027) Not bad. If earnings shits itself i will have to decide to sell half or double down
What does DKNG has to do with this shit
Probably will have to add HOOD PYPL and DKNG to that list by the end of the week too.
Loaded up on DKNG calls while theyre cheap
DKNG gotta be at the very bottom, that $30 support is strong af. Earnings on Thursday will be fireworks - how will they counter the rise of prediction markets?
fck DKNG. It never moves much even with decent ER.
I'm riding with HIMS and DKNG...been scooping up some January calls over the past few weeks
Calls on PLTR, HIMS, SHOP, SPOT, ANET, ARM, TTD, DKNG!!!
Yea im just wondering bc everyone in my circle uses PrizePicks. Idk to lean towards calls or puts for DKNG this upcoming week. Sure there’s a gambling epidemic, but there’s also strong competition.
Do people gamble more during recessions? DKNG?
Wen DKNG bouce? Its been brutal
Nah, you’re actually fine. Those are LEAPs - time is your best friend here. VZ and T will probably recover, they move slow but steady, and both pay dividends so they’re rarely full dumpster fires. WMT is boring but consistent, it grinds up slowly. DKNG 40 is a bit far, depends on how earnings go - that one’s the wildcard. Overall you’ve got plenty of time. Just don’t panic every time your screen shows red; that’s the tuition fee for learning options.
Yeah I reentered. I am holding mostly LEAPS out to '28 on data center players ex bitcoin miners, data centers are the future so holding IREN, APLD, WULF, aside from RKLB, SOFI, DKNG, LAC, few others basically long term plays which are currently under construction. I'm up 150% YTD basically. I also buy 30dte monthly calls on NVDA when it dumps it's been the easiest money maker my $190 calls went so deep ITM recently
Wow! $ALGN is up a lot since you posted it. $DKNG is a bit down though
Own $PLTR & $DKNG...So thats cool 😎
Not a penny stock buy DKNG is a really good buy atm, have a look at the analyst targets
if I were a betting man....calls on PLTR, SHOP, AMD, HOOD, DKNG
I’m buying calls for WBD & DKNG. MLB playoffs have been streamed on HBO Max this year & that alone has marked this year’s post season the most viewed in history. And DKNG bc I love gambling.
People betting against DKNG and FLUT?
Calls on DKNG if that happens. Gamblers gonna gamble.
Are 2 month out calls on DKNG looking like a play lowkey
What does DKNG have to do with the market lmao literally hasn’t gone up since the day I bought November calls. It feels rigged when all your plays go against what you buy.
It's wild that DKNG is trading below the support level around 33 that held near the liberation day lows. All while the rest of the market is at ATHs. Wall Street hates the stock and I can't blame them. I used to be a pretty big bull/holder but discovered the cheat code of just flipping it on pumps and have made a stupid amount of money doing that. I'm sure it will run back to 40 or even 50 again but it's just been like a 9:1 ratio of headwinds vs. tailwinds the last couple years and I'm not sure it gets better.
DKNG Leaps anybody?
Ok DKNG far OTM end of year calls are seriously on my watchlist rn
What does DKNG even have to do with this?
Why even be in DKNG. It has zero signs of life.
There really is no hope for DKNG… -6% on no news. Bounces green and bleeds red. I’m going insane
Here you go. I can do one option here publicly , and I gave you access to the app in DM so you can check other options by yourself. Enjoy # 30-Day Medium-Risk Covered Call Analysis |Ticker|Current Price|Qty|30-Day Strike|Premium ($)|Yield % (30d)|Annualized %|Assignment Prob %| |:-|:-|:-|:-|:-|:-|:-|:-| |DKNG|$31.82|300|$36.50|$0.82|2.59%|31.1%|25.7%| # Option A: Assignment Risk & Breakeven |Ticker|Break-even Price|Max Assignment P&L ($)|Max Loss ($)|Risk/Reward Ratio| |:-|:-|:-|:-|:-| |DKNG|$31.00|$1650.00|$9300.00|0.1774| >
Here you go. Check you DM for free access to the app # 30-Day Covered Call Analysis (~25 Delta) |Ticker|Current Price|Qty|30-Day Strike|Premium ($)|Yield % (30d)|Annualized %|Assignment Prob %| |:-|:-|:-|:-|:-|:-|:-|:-| |GOOGL|$271.94|110|$295.00|$480.00|1.60%|19.26%|26.4%| |DKNG|$31.83|100|$36.50|$82.50|2.59%|31.10%|25.7%| |SOFI|$31.00|309|$36.00|$210.00|2.19%|26.31%|23.3%| # Option C: Stock Fit Check for Covered Calls - Ranking 1–10 |Ticker|CC Suitability (1-10)|Liquidity Score (1-10)|IV Percentile (%)|Premium Stability (1-10)|Summary Comment| |:-|:-|:-|:-|:-|:-| |GOOGL|9|10|46.1%|9|Excellent CC candidate - high IV, liquid, good premium| |DKNG|7|1|72.3%|7|Good CC setup - decent premium and liquidity| |SOFI|9|10|71.0%|8|Excellent CC candidate - high IV, liquid, good premium| **Summary:** >
DKNG CSP’s are so money rn
ALGN and DKNG? You know something we don't
So is the market now saying less people going to use DKNG than when we thought we were in the mother of all trade wars (April 2)?
Is DKNG undervalued? Bear case is crowded gambling and the BBB IRS implication.
ALGN and DKNG - I hope short? Cause those won't go up. Draft maybe in the next 3 months a lil, but not to last quarter heights, but align got nothing in product launch pipeline to regenerate their value lost. Making plus with shorting rigetit in the past month, that's wild or very quick high leverage moves. You definitely did some good moves, also seem like very fast paced and high leverage ones, but you played the chart signals only. Be careful.
Got some spy puts because if the last 15 minutes is any indication, it's going to be a bloodbath.. and of course watching my DKNG go to shit even though it's severely undervalued.... make it make sense!
Bought $35 leaps this morning. Fear is at an all time high. DKNG is criminally undervalued
yes, and there are even apps to aggregate this data. But only "sharp" bettors do this, which is not most of DKNG's customer base. These players should logically move to P2P first.
Profitability increases every quarter. For fiscal year 2025, DKNG reaffirmed revenue guidance of $6.2 billion to $6.4 billion and adjusted EBITDA in the range of $800 million to $900 million. Most of the cash burn is from high promo rate in newly legal states to acquire customers that they view as sticky. Profitability in mature states is much better. Most analysts estimate FWD PE around 16x.
Trump Media is opening their own prediction betting app. to me this seems bullish for DKNG because they will keep prop bets now i guess
Can anyone tell me the bad DKNG news to justify another big drop?
And why did DKNG just drop 3% in a minute?
I will stick with FLUT and DKNG
Sold my meta calls Friday + 35% because I lack the “conviction “ of you maniacs. Should be a fun ass week in QQQ volatility. Entered a DKNG position today. Good luck you filthy animals.
I like DKNG . That’s what’s I’m in right now.
Here are the reasons I am bullish on $ALGN and $DKNG Because people’s teeth are always moving. Invisible braces are the present and the future. I have Invisalign and it’s an awesome product. They also scan your mouth and use ai to predict the future movement of your teeth when they give you the trays. My teeth are almost perfect after using the product and it’s one of the best real world use cases of Ai I’ve seen. I also think rate cuts = people will be more likely to get braces because it’s an expensive thing Also, the CEO purchased 1m in shares in August around this price. I think it will have a similar move like UNH did. It’s only trading at a 12 forward PE. Hopefully ALGN can show more profitability or more revenue growth this quarter and bounce off this multi year bottom. As for DraftKings $DKNG DraftKings has the best user interface out of any of the sports betting apps. It gives you incredible details and it’s easy to use. It reminds me of Robinhood for sports betting. It’s been getting killed recently because people say “prediction markets” are going to kill it. DraftKings was denied the license for a prediction market but just acquired railbird this week (a prediction market with the licenses needed) Draft kings is only in 25/50 states. So tons of room for expansion.
>I own $ALGN and $DKNG why
https://preview.redd.it/kl4idryh7qxf1.jpeg?width=1170&format=pjpg&auto=webp&s=fbc1362b5a3aa3f8441f45aa04687c2ecac2bec3 Here’s a picture of my current positions. I own $ALGN and $DKNG Please don’t ban my post mods. I am not knowingly breaking any rules.
Got it, calls on DKNG
DKNG only thing I’m in at the moment and it’s the only red stonk on my massive watchlist. I sad boi
What is the case for ALGN and DKNG?
I made a lot of trades these past few months. Shorting RGTI for 40K Amazon from $211 to $223 5000 shares of NVDA from 179 to 191 I used a lot of leverage but I’m currently sitting in $ALGN (Invisalign) and $DKNG draftkings https://preview.redd.it/zos3mpdt8pxf1.jpeg?width=1170&format=pjpg&auto=webp&s=33880be821aa5b9f32fee2f7fd6851c41a7c50e0
DKNG has many competitors and is rushing into prediction markets. It’s Joever.
I’ve been bagholding DKNG for 4 years now. What an absolute piece of shit stock. Good job on the puts.
DKNG the piece of shit stock that doesn’t pump with the rest of the market.
I started selling puts on DKNG today. IV rank is high. Bottom of its trading range. drop today is overreaction to the NBA probe. DKNG also made an acquisition into the prediction markets with Railbirds. Similar arguments could be made with FLUT as they are the largest dominant brand in the space but I don't love trading trading tickers that are 3 figures, makes my position sizing all wacky (current account is too small).
I just sold a bunch of puts on DKNG. The fear is way over played. prediction markets are not the same as gambling. Not to mention DKNG just made a prediction market acquisition called rainbird.
There are like 10 apps available in my state, DKNG has ok promos but I never put any more money into it. With the expansion of predictions markets into sports, I don't forsee much of a growth case imho
No. DKNG will be fine. Buy the dip while you can. Online gambling is going NOWHERE anytime soon. Way too much money on the line.
Can we all start calling draftkings (DKNG) Donkey Kong?
I always think DKNG is Donkey Kong.
Who’s still gambling on NBA games if the players rigged the game? put on DKNG
I don’t think it’s really that big of a disruptor for the OSB industry. Plus all players in OSB like DKNG and FLTR are entering that market like you said. most sports bettors aren’t going to stop betting on sports or stop using the app to go to predictions markets and bet on things like “how many album sales will Taylor swift have this year?” Even if you can technically bet on sports on Kalshi/ Hood in the predictions market, it’s not the clean sports-only setup that all users are accustomed to and doesn’t use the same odds that OSB apps have, that sports bettors have grown accustomed to for years now. Source: i am friends with tons of degenerate gamblers