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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.