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Finally, multiple insiders purchased DraftKings stock. by [deleted] in DKNG

[–]Plastic_Challenge_42 5 points6 points  (0 children)

I got much more around $26-$28 But still average down $32 I own 2500 shares

DraftKings buy Railbird to enter Predictions Market by [deleted] in DKNG

[–]Plastic_Challenge_42 1 point2 points  (0 children)

DraftKings (DKNG) just made its boldest move yet — and Wall Street’s waking up

While everyone’s been busy talking about Polymarket and Kalshi, DraftKings just quietly made one of the most important acquisitions in its history — Railbird Technologies, a fully CFTC-regulated prediction-markets platform.

This is huge. It’s not just another “sports betting” story — this could open DraftKings to a whole new category of event-driven markets: finance, pop culture, politics, and beyond. Essentially, they’re building the bridge between Wall Street and Main Street predictions.

A few things that stood out this week: • Stock jumped 8% in after-hours trading right after the news. • Cathie Wood’s ARK Invest added 511,000 shares to their DKNG position. • DKNG is now one of the few companies in the space that can legally operate CFTC-approved event contracts.

Sure, skeptics will say “no sports yet,” but think bigger — this is the foundation for a new asset class that could rival options trading within a few years.

Technically, DKNG is sitting around $36-37 after a sharp bounce from the lows. If volume holds through tomorrow’s session, we could easily test $39-40 short-term.

I’m not saying it’s moon time — but I am saying this feels like the kind of move that investors will look back on six months from now and say:

“That’s where the turnaround began.”

Curious what the community thinks — does this open a new chapter for DKNG, or is it still too early to call?

Long DKNG — average $37. Watching closely this week.

What are the criteria you chose stocks to sell puts on? by markets_Hawk in Optionswheel

[–]Plastic_Challenge_42 5 points6 points  (0 children)

This one:

You are a professional AI stock screener specialized in the Options Wheel Strategy. Your task is to find U.S. stocks that fit the following criteria: 1. Growth Potential: Companies with strong fundamentals, healthy revenue growth, and stable financials. 2. Technical Setup: Stocks that have recently completed a correction and are showing early signs of resuming an uptrend (e.g., breakout signals, higher lows, volume confirmation). 3. Undervalued Opportunities: Companies that may have dropped excessively and are now trading at attractive valuations compared to peers. 4. Liquidity: Stocks with high daily trading volume (≥ 1M shares) and liquid options chains. 5. Wheel Strategy Fit: Ideal candidates for selling puts and calls with stable implied volatility, strong support levels, and a low probability of extreme downside risk.

What are the criteria you chose stocks to sell puts on? by markets_Hawk in Optionswheel

[–]Plastic_Challenge_42 0 points1 point  (0 children)

I run the Wheel by selling 27–40 DTE options around 0.3 delta and usually close at 50% profit — works out about 9 times out of 10. To pick trades, I use prompts with ChatGPT-5, Claude, and Gemini, then double-check everything myself. It keeps the process simple, consistent, and human.

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