DKNG Options Chain, Open Interest, and Volatility Data

DKNG Options Open Interest & Strategy Insights

DKNG – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
35	79434	45738	125172
40	99209	20894	120103
45	74972	6733	81705
50	77351	2168	79519
30	25138	54071	79209
55	50921	355	51276
37	33034	13711	46745
32	24286	19593	43879
60	39094	99	39193
25	6622	30244	36866

DKNG – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.39	0.89	75.28%	65.04%	-10.23%

Data Analysis

Symbol: DKNG Current Price: 27.92
Max Pain: 45.00 (below)

📌 Absolute OI Peak: 35.00 (125172 contracts)
🛡️ Short-term Key Levels: 25.00（36866 contracts，major support） , 30.00（79209 contracts，major resistance） , 32.00（43879 contracts，major resistance）

📈 Put/Call OI Ratio: 1.39 (bearish, Put OI dominant)
Put/Call Volume Ratio: 0.89 (bullish, Call volume dominant)

📊 Avg Call IV: 75.28%
Avg Put IV: 65.04%
IV Skew: -10.23% (Call IV higher than Put IV by 10.23%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 35.00 (125172 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	17575	5646	81362	0.321	Strong Bullish 📈💥 (85)
2025-11-14	2848	277	20288	0.097	Moderate Bullish 📈 (70) ⚠️
2025-11-21	4189	618	156749	0.148	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	581	102	4572	0.176	Moderate Bullish 📈 (70) ⚠️
2025-12-05	771	130	5872	0.169	Moderate Bullish 📈 (70) ⚠️
2025-12-12	302	30	370	0.099	Moderate Bullish 📈 (70) ⚠️
2025-12-19	3770	811	125538	0.215	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	6185	1178	170536	0.190	Strong Bullish 📈💥 (85) ⚠️
2026-02-20	1088	184	37193	0.169	Moderate Bullish 📈 (70) ⚠️
2026-03-20	999	350	54214	0.350	Strong Bullish 📈💥 (85)
2026-05-15	2571	92	10157	0.036	Moderate Bullish 📈 (70) ⚠️
2026-06-18	3253	23	32812	0.007	Moderate Bullish 📈 (70) ⚠️
2026-09-18	3365	2854	26350	0.848	Slight Bullish 📈 (60)
2026-12-18	231	16	24398	0.069	Moderate Bullish 📈 (70) ⚠️
2027-01-15	5673	1194	42197	0.210	Moderate Bullish 📈 (70) ⚠️
2027-12-17	278	24	18266	0.086	Moderate Bullish 📈 (70) ⚠️
2028-01-21	71	128	2983	1.803	Moderate Bearish 📉 (30)
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.