The options market is pricing a ±8.7% (±$2.07) move for DKNG's 2026-08-06 · after close report. Over its last 8 reports, DKNG has actually moved ±6.8% on average (biggest: ±15.2%). That's a 0.78× realized-vs-implied ratio, so the options look overpriced — DKNG has historically moved less than what's priced, which favors selling premium (iron condor / credit spreads) if you have an edge. It has exceeded the implied move in 50% of those prints, beaten EPS estimates 13% of the time (8 quarters), and the 1-day reaction has been positive 63% of the time (avg +0.8%).
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-05-07 | 0.22 | 0.09 | miss | ±8.2% | +1.2% | -0.3% |
| 2026-02-12 | 0.50 | 0.20 | miss | ±9.2% | -13.5% | -10.6% |
| 2025-11-06 | -0.24 | -0.41 | miss | ±7.3% | +8.6% | +6.1% |
| 2025-08-06 | 0.41 | 0.25 | miss | ±7.2% | -0.4% | -4.9% |
| 2025-05-08 | 0.18 | -0.01 | miss | ±7.7% | +2.5% | +3.6% |
| 2025-02-13 | -0.19 | -0.28 | miss | ±8.3% | +15.2% | +6.4% |
| 2024-11-07 | -0.42 | -0.60 | miss | ±10% | +3% | +5.5% |
| 2024-08-01 | -0.03 | 0.12 | beat | ±7.9% | -9.8% | -13.9% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
DKNG is scheduled to report on 2026-08-06, after the close. Dates can shift until the company confirms.
The options market is pricing an expected move of about ±8.7% (±$2.07) for DKNG's upcoming report — the size of the move the ATM straddle is pricing in.
Over its last 8 reports, DKNG has beaten EPS estimates 13% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, DKNG moved ±6.8% on average versus a ±8.7% implied move — a 0.78× ratio, so the options have been rich (it moves less than priced). It exceeded the implied move 50% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See DKNG's positioning too: DKNG gamma exposure → · DKNG options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
