DraftKings Inc. (DKNG)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 12:34 UTC · Figures derived from the full chain (734 contracts, 17 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)
Expected move — Sep 18, 2026 (15 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±8.0% (range 22.23–26.11) by Sep 18, 2026. ATM straddle: 1.95 @ strike 24 · ATM IV: 47.9%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 21.75 | -10% | 85.1% | 14.9% |
| 22.96 | -5% | 68.5% | 31.5% |
| 24.17 | +0% | 48.1% | 51.9% |
| 25.38 | +5% | 29.1% | 70.9% |
| 26.59 | +10% | 15.1% | 84.9% |
Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | ±3.7% | 62.2% | 35.2K |
| Sep 11, 2026 | 8 | ±6.4% | 50.3% | 15.8K |
| Sep 18, 2026 | 15 | ±8.0% | 47.9% | 119.3K |
| Sep 25, 2026 | 22 | ±9.9% | 49.5% | 7,684 |
| Oct 02, 2026 | 29 | ±12.4% | 54.2% | 2,329 |
| Oct 09, 2026 | 36 | ±12.3% | 48.3% | 336 |
| Oct 16, 2026 | 43 | ±15.8% | 55.7% | 10.3K |
| Oct 23, 2026 | 50 | — | — | 0 |
| Nov 20, 2026 | 78 | ±22.1% | 58.3% | 241.4K |
| Dec 18, 2026 | 106 | ±24.5% | 55.6% | 73.5K |
| Jan 15, 2027 | 134 | ±27.6% | 56.1% | 166.8K |
| Feb 19, 2027 | 169 | ±30.2% | 54.9% | 2,879 |
Open interest by strike — Sep 18
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 30 C · 20.9K25 C · 16.3K26 C · 10.4K27.5 C · 10.1K25 P · 8,494
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Track record
Full history →Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.
Past earnings reactions
Avg |reaction| 11.5% · median 11.5% (20 reports) — two-session close-to-close window; definition
About DraftKings Inc.
DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.
Consumer Cyclical · Gambling, Resorts & Casinos · NASDAQ · Profile: Financial Modeling Prep
Related securities — Consumer Cyclical
TSLA · IV 41.4%AMZN · IV 28.7%NIO · IV 50.2%GME · IV 51.9%F · IV 31.3%BABA · IV 39.0%