DKNG Forecast + Trading Strategies




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: DraftKings poised for growth with state expansions and robust market positioning. Strong implied volatility supports potential upside.




Bearish Case: Regulatory challenges and increasing competition pose risks to DKNG's profitability, suppressing potential growth.




Potential Outcomes: 55% expansion success, 25% competition impact, 20% regulatory hindrance.




Trading Oracle: Consider a bullish debit spread by buying 1 $40 strike call and selling 1 $41 call expiring in 10 days. High edge and strong market dynamics suggest positive outcomes. Leverage Helium’s advanced volatility metrics for optimized alpha.



December 26, 2024


DraftKings Forecast

DKNG        DraftKings











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