Worried Ahead of DraftKings' (NASDAQ:DKNG) Earnings? Consider This Options Strategy
Analyzing the recent earnings performance history of online sportsbook DraftKings (NASDAQ:DKNG), questions arise about the company being able to continue its win streak. Analysts are bullish on the sports betting firm, but DKNG has outperformed their price targets, and options flow screeners hint at major traders’ growing pessimism. While the potential for more positive legal developments makes me long-term bullish on DKNG stock, cautious investors may want to hedge their portfolios with ...
Source: yahoo.com