[Flash Alert]: New Hot Money Trade!

January 27, 2022

Our Hot Money scanner spotted a new bearish alert in DraftKings Inc. (DKNG).

Here's what I'm doing…

Buy-to-open the DKNG Feb. 4, 2022, $18/15 put

At last glance, this is trading around $0.50 per spread

That means with a max profit opportunity of $2.50 per spread if we sink to $15 per share in the coming days.

As always, I'm averaging into this position and managing risk before entry.

I’ll keep you updated every step of the way.





Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%