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THby u/thanawat93·3moAnalysis

DKNG IV vs. Price Action at $23

Watching $DKNG's behavior around the $23 mark today has been interesting; seems like the options market's implied volatility isn't quite ready to fully price in a sustained break above it, even with the stock testing $23.41. My read could be off, but a clear close significantly above $23.50 would certainly challenge that short-term IV ceiling.

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STu/smoke_tester·3mo

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