Trade Alert 1/17/2024


We have on a risk reversal spread in DKNG. We were exercised on the short put to buy 100 more shares of DKNG. We have sold our long put this morning. And we have sold a short-term covered call against the shares put to us.

Sell to open: DKNG Jan 19th (monthly) 35.50 strike call
Credit: 0.15

Sell to close: DKNG Jan 19th (monthly) 35.00 strike put
Credit: 1.18