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DKNG Options Flow

Live unusual options activity for DKNG — call vs put volume, the call/put ratio and the most active contract.
Last price
$23.01
+0%
Flow lean
Bearish
44% calls
Call / Put
0.8×
by volume
Top contract IV
$19 PUT
Day range
$22.86–$23.42
intraday
Volume
8.1M
shares today

Today's DKNG options read

As of the latest session, DKNG is trading at $23.01 (+0% on the day). Today's options tape is leaning bearish — call volume is 44% of total contracts (9K calls vs 12K puts, a 0.8× call/put ratio). The most active contract is the $19 PUT expiring 2026-07-31 on 9K contracts.

The DKNG options tape is tilted bearish right now — puts are 56% of volume (a 0.8× call/put ratio). Heavy put volume can be outright downside bets or protective hedging; the tell is whether the largest prints are hitting the ask with urgency or just rolling protection.

New to reading flow? Volume vs open interest → · What is implied volatility → · Sweeps vs blocks →

How to read DKNG flow

Options flow shows where real money is positioning before a move. A bullish lean (heavy call volume, high call/put ratio, sweeps bought at the ask) means traders are paying up for upside; a bearish lean is the reverse. The largest, most-aggressive prints — sweeps filled across exchanges at the ask — carry the most signal. On the AlgoX conviction desk, DKNG is scored live against net premium, relative volume, momentum and the biggest sweep of the day.

DKNG options flow — FAQ

Is DKNG options flow bullish or bearish today?

Based on the latest session, DKNG flow is leaning bearish — calls are 44% of total options volume, a 0.8× call/put ratio. Flow lean is a positioning signal, not a guarantee of direction.

What is the DKNG call/put ratio?

DKNG's call/put ratio is currently 0.8× — 9K call contracts versus 12K put contracts. Above 1 means more call than put volume (often bullish); below 1 means puts dominate.

What's the most active DKNG options contract?

The most-active DKNG contract in the latest snapshot is the $19 PUT expiring 2026-07-31, trading 9K contracts.

What counts as unusual options activity in DKNG?

Unusual options activity in DKNG means volume well above normal — especially large blocks or sweeps bought at the ask. Those aggressive, urgent prints carry the most signal, and they're exactly what the AlgoX conviction desk flags in real time.

See DKNG flow score live

The full conviction board ranks DKNG and the whole tape in real time — with the exact contract the smart money is buying. Top flow is free to watch in the Discord.

Data via Polygon · refreshes through the session · educational, not financial advice · options carry substantial risk.