DKNG Explodes, But Were Traders Tipped Off?

[RagingBull Elite]( Undefined, DraftKings (DKNG) may have been the last stock you’d expect option players to buy up calls on... After all, the sports and gambling sector is swollen with no games being played and little to bet on. So why did Kyle Dennis throw down big on the stock Tuesday morning, buying far out-of-the-money calls expiring in just 3 days? [Because the paper trail looked gorgeous.]( Thanks to his proprietary scanner, Kyle noticed an unusually large number of big purchases made on the stock that morning. Most of them were betting that the stock would move up to $30, even $40, by Friday… kind of a Hail Mary if you put it in football terms. To be willing to risk so much money on such an unlikely play, they must have had some especially strong convictions that something very big was happening very soon. Kyle quickly followed suit, suspecting that these big-money players must have known something... [Alternate text] What happened next? News broke that billionaire investor George Soros had purchased 2.7 million shares of DKNG through his fund just the week before. [Alternate text] Did the big players who placed the flurry of huge options calls on Tuesday know that the 56th-richest person in the U.S. had just invested an enormous sum of cash? Or were they tipped off to the positive Q1 earnings that came out on Friday reporting that DraftKings had seen a big revenue bump? Revenue grew 30%, despite COVID-19 Continued to drive customer engagement without major sports ~ Global Newswire Whether they knew something or not, these big players bet right. DraftKings shares closed at $26.30 on Tuesday, up 7.5%. It marked one of the stock’s best trading days since it’s IPO on April 23. You see, [it pays to follow the big money on Wall Street.]( Kyle took a nice profit on his calls Tuesday afternoon just after news broke…* [Alternate text] Most traders trying to make money in these markets spend countless hours obsessing over chart patterns and technical indicators. Kyle just follows the big money. It’s an easier way to play this game. If you want access to Kyle’s scanner which helps him hunt down and replicate these big money plays, [you have to check out his latest training workshop.]( [This could be the last trading tool you need.]( [I'm an image] Investors Who Passed On Airbnb’s Seed Funding Are Kicking Themselves Now. A Small Stake in the Now $26B Company Could Have Handed Them Millions. But We Believe We’ve Found The Next One… [Alternate text]( In a Rare Opportunity, Our Boardroom Partners Are Offering You A Chance to Invest Today. 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