What move does the options market price into DraftKings's report?

Implied ±7.8%, either direction.

DKNGNasdaqServices-Miscellaneous Amusement & Recreation

DraftKings Inc. (DKNG) earnings date, market-implied expected move, and options open interest by expiry

21.95

+0.14 · +0.66%

post 21.90 −0.24%

After hours19:07 ETdelayed

Open21.73Volume12.0MMkt cap$19.4BEPS-0.34

Day21.46 – 22.0279%52-wk18.35 – 36.9819%

DKNG

DraftKings Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±7.8%implied · report alone

20.2223.64

straddle ±8.3%

spot 21.93exp Nov 6ATM strike 22ATM straddle 2.15IV 135%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 6

before open · in 3 days

est.Q3 FY26

Calendar

Next report

Last report

+8.39%

vs ±8.5% implied · ×0.98

shaded = implied · ▲▼ = realized

Aug 7 '26 · confirmed

Implied vs realized

Linked news

4hAAPL · customerApple warns of risks related to AI agents behaving in 'unintended or unpredictable' ways
5hMETA · supplierMeta seeks to raise up to $25 billion in debt sale as AI spending jumps
11hSRAD · supplierSportradar posts Q3 revenue €363 million, profit €27 million and Adjusted EBITDA €102 million

News

Largest filed tie

13F top-10 QoQ

+14.61%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

702 managers

Top fund weight

0.02%

DKNG weight · VTI

N-PORTJun 30 '26

2 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

DraftKings (DKNG) is expected to report on Nov 6 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 7 '26confirmed±8.5%▲+8.39%×0.98

quarterimplied−10%0+10%realized×

Q2 FY26±8.5%▲+8.39%×0.98

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

0.30OI · 10 expiries · Oct 30 closeP/C open interest · Nov 6 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

4,785+9%Nov 63d15,847+33%

3,161+1%Nov 1310d0.545,809+1%0.54

26,960+2%Nov 2017d0.11253,471+1%0.11

431+368%Nov 2724d0.291,464+288%0.29

41—Dec 431d0.7158+729%0.71

5 later expiries

7—Dec 1138d7.001—7.00

20,5440%Dec 1845d0.32

ExpiryPutsCallsP/C

Nov 63d4,785+9%15,847+33%0.30

Nov 1310d3,161+1%5,809+1%0.54

Nov 2017d26,960+2%253,471+1%0.11

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±8.3%

Funds 2

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

−4.68%as filednet margin · revenue −12.32% QoQ · −4.58% YoY

Revenue$1.4B−12.32%

Gross profit$551M38.21%−20.85%

Operating income−$68M−4.72%−1265.97%

Pre-tax income−$72M−413.49%

Net income−$68M−4.68%−420.88%

Cost of revenue$892M−6.07%

Operating expenses$620M−10.31%

Tax−$2M−128.21%

Other expense−$4M−121.58%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:00 ET

Intraday

Event sensitivity

CPI ×1.45· ±3.3% vs ±2.3% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±3.3%6 of 10×1.45

NFPjobs report±2.6%3 of 10×1.15

CPROFcorporate profits±2.4%3 of 12×1.06

FOMCrate decision±2.4%12 of 24×1.06

PCEpersonal income & outlays±2.1%7 of 19×0.93

PPIproducer prices±1.9%8 of 10×0.86

GDPgross domestic product±1.9%8 of 19×0.85

Bar = avg |move| to ±4% · tick = ±2.3% avg day · ×base = |move| ÷ ±2.3% · min 6 releases

Earnings history

EPS -0.14 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 7 '26 · confirmed	-0.14	—
Q1 FY26	—	0.03	—
Q3 FY25	—	-0.52	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod