DKNG - Options Database

DKNG

DRAFTKINGS INC NEW A

$22.83 -4.28%

$22.82 (-0.04%)🌙

as of 07/22 07:08 PM

(7/21 18:25) ◀

Wednesday, July 22, 2026 (7:08pm)

▶ (7/23 18:26)

◀ 7/22 19:08 ▶

Option Volume

Detail

ℹ

Current (07/22) 39,474

Calls: 22,096 (56%)

Puts: 17,378 (44%)

Prior (07/21) 32,693

Calls: 29,292 (90%)

Puts: 3,401 (10%)

Current vs Prior +20.74%

Calls: -24.57% (Calls)

Puts: +410.97% (Puts)

Prior 7-Day Total 200,313

Calls: 148,547 (74%)

Puts: 51,766 (26%)

Prior 7-Day Average 28,616

Calls: 21,221 (74%)

Puts: 7,395 (26%)

Current vs Prior 7-Day Avg +37.94%

Calls: +4.12%

Puts: +134.99%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22) $3.19M

Calls: $1.84M (58%)

Puts: $1.35M (42%)

Prior (07/21) $3.74M

Calls: $3.36M (90%)

Puts: $378.8K (10%)

Current vs Prior -14.73%

Calls: -45.27%

Puts: +256.50%

Prior 7-Day Total $18.01M

Calls: $12.51M (69%)

Puts: $5.51M (31%)

Prior 7-Day Average $2.57M

Calls: $1.79M (69%)

Puts: $786.7K (31%)

Current vs Prior 7-Day Avg +24.04%

Calls: +3.06%

Puts: +71.66%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22) 0.79

Prior (07/21) 0.12

Current vs Prior +577.37%

Prior 7-Day Average 0.39

Current vs Prior 7-Day Avg +103.22%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/22) 520,291

Calls: 405,415 (78%)

Puts: 114,876 (22%)

Prior (07/21) 430,853

Calls: 357,200 (83%)

Puts: 73,653 (17%)

Current vs Prior +20.76%

Prior 7-Day Total 3,313,323

Calls: 2,531,195 (76%)

Puts: 782,128 (24%)

Prior 7-Day Average 473,331

Calls: 361,599 (76%)

Puts: 111,732 (24%)

Current vs Prior 7-Day Avg +9.92%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 4.86% | 8.10%15.86% | 19.27%

Prior 5.37% | 8.43%15.97% | 19.50%

Current vs Prior -9.41% | -3.85%-0.74% | -1.15%

Prior 7-Day Avg 5.55% | 8.36%7.91% | 16.85%

Current vs 7-Day Avg -12.40% | -3.09%+100.41% | +14.41%

Prior 7-Day Eod 5.37% | 8.43%15.97% | 19.50%

Current vs 7-Day Eod -9.41% | -3.85%-0.74% | -1.15%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 20.26% | 24.08%

Calls: 19.23% | 36.22%

Puts: 21.28% | 11.94%

Prior 20.26% | 24.08%

Calls: 19.23% | 36.22%

Puts: 21.28% | 11.94%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 20.26% | 24.08%

Calls: 19.23% | 36.22%

Puts: 21.28% | 11.94%

Current vs 7-Day Avg +0.00% | -0.00%

Liquidity Expensive

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🤖 AI Insights

P/C ratio rising 577% - increased hedging/bearish positioning. Call-heavy open interest (405,415 calls vs 114,876 puts) suggests bullish positioning. Rising open interest (up 21%) indicates new positions being established.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 23 of results (avg 7.5%, best 4.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$25.00	Aug 21	0.89	0.93	$0.91	4.4%	132	0.35	3.5K
$23.00	Aug 7	1.30	1.37	$1.34	5.2%	4	0.52	25
$23.50	Aug 21	1.39	1.47	$1.43	5.6%	4	0.48	--
$23.00	Aug 21	1.61	1.72	$1.67	6.6%	92	0.53	--
$26.00	Aug 21	0.63	0.68	$0.66	7.6%	34	0.28	28

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$22.50	Aug 21	1.43	1.50	$1.47	4.8%	362	0.43	5.1K
$25.00	Aug 21	2.90	3.05	$2.97	5.1%	135	0.65	5.3K
$23.50	Aug 21	1.96	2.07	$2.01	5.5%	143	0.52	4
$24.00	Aug 14	2.11	2.25	$2.18	6.4%	4	0.58	--
$25.50	Aug 7	3.00	3.20	$3.10	6.5%	2	0.71	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 25 found (avg $0.67, cheapest $0.28)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$27.00	Aug 7	0.25	0.30	$0.28	17.9%	81	0.16	7.7K
$24.00	Jul 31	0.33	0.39	$0.36	16.7%	407	0.30	31
$27.00	Aug 21	0.45	0.49	$0.47	8.5%	42	0.21	22
$23.50	Jul 31	0.50	0.55	$0.53	9.4%	567	0.39	6
$26.00	Aug 14	0.50	0.56	$0.53	11.3%	21	0.25	88

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.50	Jul 31	0.25	0.30	$0.28	17.9%	123	0.23	246
$22.00	Jul 31	0.39	0.46	$0.43	16.3%	119	0.32	2.9K
$23.00	Jul 24	0.46	0.55	$0.51	17.6%	345	0.56	623
$20.00	Aug 21	0.52	0.59	$0.55	12.7%	246	0.21	13.4K
$22.50	Jul 31	0.58	0.65	$0.62	11.3%	53	0.41	391

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 56 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$21.00	Jul 24	0.78	3.30	$2.04	123.5%	27	0.96	7
$20.00	Jul 24	2.69	4.95	$3.82	59.2%	14	0.96	8
$19.00	Jul 24	3.30	5.70	$4.50	53.3%	13	0.96	4
$19.50	Jul 24	3.05	5.20	$4.13	52.1%	10	0.94	8
$20.00	Jul 31	2.02	4.50	$3.26	76.1%	2	0.91	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$26.50	Jul 24	3.35	3.80	$3.58	12.6%	14	1.00	--
$25.00	Jul 24	1.69	2.36	$2.03	33.0%	260	0.93	670
$26.50	Jul 31	2.30	3.90	$3.10	51.6%	14	0.93	--
$25.50	Jul 24	2.16	2.83	$2.50	26.8%	55	0.92	202
$24.50	Jul 24	1.14	1.85	$1.50	47.3%	47	0.91	1.1K

Most actively traded options today. High liquidity = easy entry/exit. 136 active (total vol 25.6K, top 9.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$24.00	Jul 24	0.07	0.11	$0.09	44.4%	1.5K	0.16	175
$26.50	Jul 31	0.03	0.07	$0.05	80.0%	1.4K	0.06	1.8K
$24.50	Jul 24	0.03	0.05	$0.04	50.0%	1.1K	0.08	742
$25.00	Jul 31	0.14	0.19	$0.17	29.4%	852	0.16	562
$25.50	Jul 24	0.01	0.07	$0.04	150.0%	770	0.06	2.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$19.00	Jul 31	0.00	0.11	$0.06	183.3%	9.3K	0.05	97
$19.00	Aug 21	0.28	0.40	$0.34	35.3%	660	0.14	4
$22.50	Aug 21	1.43	1.50	$1.47	4.8%	362	0.43	5.1K
$23.00	Jul 24	0.46	0.55	$0.51	17.6%	345	0.56	623
$21.00	Aug 7	0.51	0.68	$0.60	28.3%	342	0.26	731

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 22 strikes (avg 38.0%, max 107.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$27.00	Jul 24	Aug 28	133.2%	64.1%	107.7%	663	1.8K
$26.00	Jul 24	Aug 28	132.5%	64.2%	106.4%	53	1.8K
$20.00	Jul 24	Aug 21	103.7%	65.8%	57.6%	24	272
$26.50	Jul 24	Aug 21	102.2%	66.2%	54.4%	185	2.4K
$25.50	Jul 24	Aug 21	96.1%	64.3%	49.4%	832	2.5K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$20.50	Jul 24	Aug 21	127.4%	65.1%	95.6%	43	150
$26.00	Jul 24	Aug 7	132.5%	70.7%	87.5%	3	155
$26.50	Jul 24	Jul 31	102.2%	58.7%	74.2%	28	--
$20.00	Jul 24	Aug 28	103.7%	62.8%	65.1%	14	48
$19.50	Aug 7	Aug 21	83.9%	66.8%	25.6%	3	--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 70 found (best R:R 5.25, avg 1.84)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$25.00	$26.00	Aug 14	$0.17	$0.83	$0.17	4.88	$25.17
$26.00	$27.00	Aug 14	$0.17	$0.83	$0.17	4.88	$26.17
$23.50	$24.00	Jul 24	$0.10	$0.40	$0.10	4.00	$23.60
$26.00	$27.00	Aug 28	$0.20	$0.80	$0.20	4.00	$26.20
$25.50	$26.00	Aug 21	$0.11	$0.39	$0.11	3.55	$25.61

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$20.00	$19.00	Aug 14	$0.16	$0.84	$0.16	5.25	$19.84
$21.50	$21.00	Jul 31	$0.10	$0.40	$0.10	4.00	$21.40
$20.00	$19.50	Aug 21	$0.10	$0.40	$0.10	4.00	$19.90
$19.50	$19.00	Aug 21	$0.11	$0.39	$0.11	3.55	$19.39
$21.00	$20.00	Aug 28	$0.27	$0.73	$0.27	2.70	$20.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 83 found (best R:R 8.09, avg 1.16)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$19.00	$19.50	Jul 24	$0.37	$0.37	$0.13	2.85	$19.37
$21.50	$22.00	Jul 24	$0.37	$0.37	$0.13	2.85	$21.87
$20.00	$22.50	Aug 21	$1.67	$1.67	$0.83	2.01	$21.67
$19.50	$20.00	Jul 24	$0.31	$0.31	$0.19	1.63	$19.81
$20.00	$21.00	Jul 31	$0.62	$0.62	$0.38	1.63	$20.62

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$25.00	$24.00	Aug 21	$0.89	$0.89	$0.11	8.09	$24.11
$24.50	$24.00	Jul 31	$0.40	$0.40	$0.10	4.00	$24.10
$25.00	$24.50	Aug 7	$0.39	$0.39	$0.11	3.55	$24.61
$27.00	$25.00	Aug 14	$1.52	$1.52	$0.48	3.17	$25.48
$27.00	$25.00	Aug 28	$1.44	$1.44	$0.56	2.57	$25.56

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 25 found (avg debit $0.26, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$27.00	Jul 24	Jul 31	$0.06	133.2%	74.0%
$25.50	Jul 24	Jul 31	$0.09	96.1%	59.5%
$25.00	Jul 24	Jul 31	$0.14	77.6%	56.1%
$21.50	Jul 24	Jul 31	$0.16	66.7%	55.5%
$24.50	Jul 24	Jul 31	$0.20	68.1%	55.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$20.00	Jul 24	Jul 31	$0.07	103.7%	65.5%
$26.00	Jul 24	Jul 31	$0.07	132.5%	59.6%
$19.50	Aug 7	Aug 21	$0.08	83.9%	66.8%
$21.00	Jul 24	Jul 31	$0.16	64.4%	56.4%
$19.00	Jul 31	Aug 7	$0.16	73.5%	77.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 54 found (cheapest 3.72% of stock, avg 12.57%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$23.00	Jul 24	$0.34	$0.51	$0.85	$22.15	$23.85	3.72%
$22.50	Jul 24	$0.60	$0.27	$0.87	$21.63	$23.37	3.81%
$23.50	Jul 24	$0.19	$0.85	$1.04	$22.46	$24.54	4.56%
$22.00	Jul 24	$1.06	$0.12	$1.18	$20.82	$23.18	5.17%
$24.00	Jul 24	$0.09	$1.25	$1.34	$22.66	$25.34	5.87%
$21.50	Jul 24	$1.43	$0.06	$1.49	$20.01	$22.99	6.53%
$24.50	Jul 24	$0.04	$1.50	$1.54	$22.96	$26.04	6.75%
$22.50	Jul 31	$0.98	$0.62	$1.60	$20.90	$24.10	7.01%
$23.00	Jul 31	$0.73	$0.87	$1.60	$21.40	$24.60	7.01%
$23.50	Jul 31	$0.53	$1.17	$1.70	$21.80	$25.20	7.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 127 found (cheapest 0.44% of stock, avg 6.27%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$24.50	$21.50	Jul 24	$0.04	$0.06	$0.10	$21.40	$24.60
$24.00	$21.50	Jul 24	$0.09	$0.06	$0.15	$21.35	$24.15
$26.00	$21.50	Jul 24	$0.10	$0.06	$0.16	$21.34	$26.16
$24.50	$22.00	Jul 24	$0.04	$0.12	$0.16	$21.84	$24.66
$24.50	$20.50	Jul 24	$0.04	$0.12	$0.16	$20.34	$24.66
$24.00	$22.00	Jul 24	$0.09	$0.12	$0.21	$21.79	$24.21
$24.00	$20.50	Jul 24	$0.09	$0.12	$0.21	$20.29	$24.21
$26.00	$22.00	Jul 24	$0.10	$0.12	$0.22	$21.78	$26.22
$26.00	$20.50	Jul 24	$0.10	$0.12	$0.22	$20.28	$26.22
$23.50	$21.50	Jul 24	$0.19	$0.06	$0.25	$21.25	$23.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 115 found (best R:R 6.69, avg credit $0.44)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
20/20	22/22	Aug 7	$0.87	$0.13	6.69	$19.63	$22.37
24/25	26/27	Aug 14	$0.85	$0.15	5.67	$24.15	$26.85
22/23	24/25	Aug 14	$0.83	$0.17	4.88	$22.17	$24.83
22/22	22/23	Jul 31	$0.40	$0.10	4.00	$21.60	$22.90
20/20	24/24	Aug 7	$0.40	$0.10	4.00	$20.10	$24.40
20/21	22/23	Aug 14	$0.80	$0.20	4.00	$20.20	$22.80
20/20	22/23	Aug 21	$0.40	$0.10	4.00	$20.10	$22.90
22/22	23/24	Jul 31	$0.39	$0.11	3.55	$22.11	$23.39
19/20	23/24	Aug 7	$0.39	$0.11	3.55	$19.11	$23.39
22/22	22/23	Aug 7	$0.39	$0.11	3.55	$21.61	$22.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$21.00	$22.00	$23.00	Aug 14	$0.06	$0.94	15.67
$23.00	$24.00	$25.00	Aug 14	$0.07	$0.93	13.29
$25.00	$26.00	$27.00	Aug 28	$0.07	$0.93	13.29
$22.00	$23.00	$24.00	Aug 14	$0.08	$0.92	11.50
$23.00	$23.50	$24.00	Jul 24	$0.05	$0.45	9.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$20.00	$21.00	$22.00	Aug 14	$0.06	$0.94	15.67
$23.00	$24.00	$25.00	Aug 14	$0.09	$0.91	10.11
$22.50	$23.00	$23.50	Jul 31	$0.05	$0.45	9.00
$23.00	$23.50	$24.00	Jul 31	$0.05	$0.45	9.00
$22.00	$23.00	$24.00	Aug 14	$0.11	$0.89	8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 53 found (best net $-0.26, 51 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$20.00	$22.50	1:2	Aug 21	-$0.26	$2.24
$23.00	$25.00	1:2	Aug 28	-$0.29	$1.71
$20.00	$21.50	1:2	Aug 7	-$0.60	$0.90
$26.00	$27.00	1:2	Aug 14	-$0.19	$0.81
$24.00	$25.00	1:2	Aug 14	-$0.35	$0.65

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$25.00	$23.00	1:2	Aug 28	-$0.74	$1.26
$20.00	$19.00	1:2	Aug 14	-$0.13	$0.87
$21.00	$20.00	1:2	Aug 14	-$0.15	$0.85
$27.00	$25.00	1:2	Aug 14	-$1.34	$0.66
$21.00	$20.00	1:2	Aug 28	-$0.38	$0.62

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 7.53%, avg 2.86%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$23.00	Aug 28	$1.72	0.53	0.7%	7.53%	8.28%	6	--
$23.00	Aug 21	$1.61	0.53	0.7%	7.05%	7.80%	92	--
$23.00	Aug 14	$1.40	0.52	0.7%	6.13%	6.88%	29	7.6K
$23.50	Aug 21	$1.39	0.48	2.9%	6.09%	9.02%	4	--
$23.00	Aug 7	$1.30	0.52	0.7%	5.69%	6.44%	4	25
$24.00	Aug 21	$1.09	0.44	5.1%	4.77%	9.90%	3	--
$23.50	Aug 7	$0.99	0.46	2.9%	4.34%	7.27%	1	3
$24.00	Aug 14	$0.98	0.41	5.1%	4.29%	9.42%	18	31
$25.00	Aug 28	$0.96	0.37	9.5%	4.20%	13.71%	6	133
$24.50	Aug 21	$0.95	0.40	7.3%	4.16%	11.48%	1	--

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 22,096

Total Puts 17,378

Put/Call Ratio 0.79

Net Difference 4,718

Prior's Put/Call Breakdown

Total Calls 29,292

Total Puts 3,401

Put/Call Ratio 0.12

Net Difference 25,891

Prior 7-Day Put/Call Summary

Total Calls 148,547

Total Puts 51,766

Average Put/Call Ratio 0.39

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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