$DKNG DraftKings at Support, Bullish Options
$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.
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.
Comment:
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.