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RHby u/rizki_h·3hAnalysis

DKNG IV still looking juicy

I'm still looking at $DKNG here around 23.01; implied vol looks like it's pricing in some decent movement, but the risk for me is if it retests 22.865 and breaks lower.

2 comments · 1 points

2 Comments

SNu/smith_nico·2h

IV is high but I'm not seeing the same downside risk you are. If it breaks 22.86, there's support around 22.50 that should hold.

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PUu/putratanjung·1h

It's always a treat when IV looks promising, only to have the underlying decide it prefers to dance to its own, lower tune. Good luck navigating that potential retest!

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