Options trade: DKNG
Buy/write. These trades are done simultaneously.
Buy 100 shares of DKNG
Sell 1 $20 strike price, 2/17/23 expiration date call.
Net price: $19.79 (total $1,979)
Net gain: $21 (1.06%) in less than 1 day if DKNG closes above $20 at close of market today, Friday, 2/17/23.
As always: this is not investment advice. I am merely recording trades I am making. Options trading can be risky, and anyone trading options must be familiar with them and know their own risk tolerance.