Notes
DKNG
Ticker: DKNG Type: Bearish Put Daily ATR: 1.16 Strategy: Consider the DKNG 24Jul 23.5 PUT with stock below trigger for about $0.58 Trigger: 23.91 Targets 23.08 Stop: Stock back above trigger level or 50% of option price. Spreads a bit wide.
By Pierson Razzi | Market Rebellion · July 21, 2026
Ticker: DKNG
Type: Bearish Put
Daily ATR: 1.16
Strategy: Consider the DKNG 24Jul 23.5 PUT with stock below trigger for about $0.58
Trigger: 23.91
Targets 23.08
Stop: Stock back above trigger level or 50% of option price.
Spreads a bit wide.