DraftKings Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown significant interest in DraftKings (NASDAQ:DKNG) options, with a split sentiment of 50% bullish and 50% bearish. The options activity includes 7 calls and 1 put, with a total trade value of $254,893. Analysts maintain positive ratings with an average target price of $53.2.
July 15, 2024 | 3:01 pm
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POSITIVE IMPACT
High-rolling investors have shown significant interest in DraftKings options, with a split sentiment of 50% bullish and 50% bearish. The options activity includes 7 calls and 1 put, with a total trade value of $254,893. Analysts maintain positive ratings with an average target price of $53.2.
The significant options activity indicates strong interest from high-rolling investors, which could lead to increased volatility and potential upward movement in the stock price. The positive analyst ratings and high average target price further support a bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100