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DraftKings options imply 8.7% move in share price post-earnings

DraftKings options imply 8.7% move in share price post-earnings

Pre-earnings options volume in DraftKings is 3.9x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 8.7%, or $3.13, after results are released. Median move over the past eight quarters is 12.6%.

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