DraftKings (DKNG) Options Chain

NASDAQ: DKNGConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD

19.58-0.29 (-1.46%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $19.58
Put/call ratio (OI): 0.32
Put/call ratio (volume): 0.04
ATM implied volatility: 61.4%
Expected move: ±$13.62
Open interest (C / P): 109.69K / 35.20K

DKNG options summary

The DKNG options chain for the January 21, 2028 expiration lists 20 call and 20 put contracts, with 468 days until expiration. Open interest stands at 109,690 calls and 35,202 puts, a put/call ratio of 0.32, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $20.00 strike is 61.4%, which implies the market expects a move of about ±$13.62 (69.6%) in DraftKings stock by expiration.

The most open interest sits at the $50.00 call (26.27K contracts) and the $20.00 put (20.29K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

DKNG options chain · January 21, 2028

DKNG calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
507	2	73.5%	9.30	9.05	9.75	12.50	1.52	1.81	1.64	61.7%	4	462
339	1	72.9%	8.02	7.55	8.65	15.00	2.33	2.78	2.56	58.7%	2	548
1,755	30	70.8%	6.79	6.15	7.60	17.50	3.40	4.10	3.90	57.3%	58	814
DKNG $19.58
1,857	17	67.6%	6.00	5.30	6.10	20.00	4.80	5.35	5.19	55.3%	2	20,291
776	2	66.3%	5.00	4.40	5.20	22.50	6.35	6.90	6.68	53.8%	702	295
4,129	1	65.8%	4.15	3.65	4.55	25.00	8.05	8.55	8.12	52.0%	10	6,988
366	2	64.5%	3.80	3.20	3.65	27.50	9.60	10.65	10.25	50.4%	3	353
8,615	10,002	63.8%	2.92	2.70	3.10	30.00	11.45	13.25	11.69	52.3%	4	3,417
2,444	1	63.3%	2.40	2.24	2.69	32.50	11.50	14.55	14.12	52.9%	1	1,190
17,572	1	64.2%	2.15	1.77	2.65	35.00	16.00	16.60	15.10	50.5%	1	630
22,867	7	63.3%	2.04	1.66	2.05	37.50	17.80	18.85	18.77	50.0%	3	64
4,294	3	63.0%	1.45	1.41	1.79	40.00	19.30	22.35	20.78	67.5%	5	90
1,840	5	60.2%	1.35	0.79	1.63	42.50	22.45	23.55	23.70	50.2%	4	7
587	6	61.9%	1.22	0.94	1.37	45.00	23.00	28.00	26.13	81.6%	2	45
221	6	61.6%	1.15	0.78	1.21	47.50	27.15	28.60	28.10	55.9%	1	0
26,275	8	62.7%	0.83	0.73	1.13	50.00	28.80	32.05	30.26	73.9%	2	0
117	4	61.8%	0.86	0.60	0.95	52.50	22.65	25.40	21.41	—	—	5
4,360	10,001	63.5%	0.66	0.59	0.94	55.00	30.00	35.00	29.52	—	—	0
4,697	3	60.0%	0.66	0.30	0.63	60.00	32.00	37.00	32.30	—	10	3
6,072	3	62.8%	0.45	0.36	0.56	65.00	0.00	0.00	40.10	—	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the DKNG put/call ratio?

For the January 21, 2028 expiration, the DKNG put/call ratio based on open interest is 0.32 (35,202 puts vs 109,690 calls), and 0.04 based on today's volume. A ratio above 1 means more puts than calls.

What is DKNG's implied volatility?

At-the-money implied volatility for DKNG options expiring January 21, 2028 is about 61.4%, an annualized estimate of how much the market expects DraftKings stock to move.

How many DKNG option expiration dates are there?

DKNG has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.