DraftKings Unusual Options Activity For August 26
Portfolio Pulse from Benzinga Insights
DraftKings (NASDAQ:DKNG) has seen unusual options activity with a bearish sentiment. 54% of trades were bearish, with significant put and call options activity. Analysts have mixed ratings, with a consensus target price of $51.8. The stock is currently trading at $35.81, down 1.53%.
August 26, 2024 | 2:30 pm
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DraftKings has experienced unusual options activity with a bearish sentiment, as 54% of trades were bearish. The stock is currently trading at $35.81, down 1.53%. Analysts have mixed ratings, with a consensus target price of $51.8.
The article highlights a bearish sentiment in options trading for DraftKings, with 54% of trades being bearish. This suggests a potential short-term negative impact on the stock price. Additionally, the stock is currently down 1.53%, and while analysts have mixed ratings, the consensus target price is higher than the current price, indicating potential for future growth. However, the immediate sentiment is bearish, leading to a short-term negative score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100