Shared by
thefudawg
DKNG had some breaking news on
include mobile sports betting in a revenue bill
.
As this is massive news for DKNG as the country's leading mobile gambling app, they immediately started to pop. Got into this trade early and the wide spreads shook me out, so I got out for a small loss. Re-entered at the base and played until we finally broke through the $52 wall. Re-entered again for the final push.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-12-09 11:12:19 | DEC11 20 52 CALL | buy | $1.580 | long |
| 2020-12-09 11:12:30 | DEC11 20 52 CALL | buy | $1.620 | long |
| 2020-12-09 11:12:30 | DEC11 20 52 CALL | buy | $1.620 | long |
| 2020-12-09 11:13:02 | DEC11 20 52 CALL | sell | $1.500 | long |
| 2020-12-09 11:13:02 | DEC11 20 52 CALL | sell | $1.500 | long |
| 2020-12-09 11:13:02 | DEC11 20 52 CALL | sell | $1.500 | long |
| 2020-12-09 11:13:02 | DEC11 20 52 CALL | sell | $1.500 | 0 |
| 2020-12-09 11:13:51 | DEC11 20 52 CALL | buy | $1.770 | long |
| 2020-12-09 11:16:21 | DEC11 20 52 CALL | sell | $2.000 | long |
| 2020-12-09 11:16:21 | DEC11 20 52 CALL | sell | $2.000 | long |
| 2020-12-09 11:16:32 | DEC11 20 52 CALL | sell | $1.970 | 0 |
| 2020-12-09 11:18:40 | DEC11 20 52 CALL | buy | $1.720 | long |
| 2020-12-09 11:18:40 | DEC11 20 52 CALL | buy | $1.720 | long |
| 2020-12-09 11:21:56 | DEC11 20 52 CALL | sell | $1.910 | long |
| 2020-12-09 11:21:56 | DEC11 20 52 CALL | sell | $1.910 | 0 |
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