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REDDIT

Help with DKNG put option trade please

B
Feb 25, 2025 · 03:41

HI, I purchased a 28 Mar 25 $45P yesterday at 2.37. I set a stop at 1.90 and take profit at 2.90. I got stopped out at 0.5. I dont think its IV crush that got me as IV hasnt changed much for the contract. Last trade for the contract was 2.05 and DKNG went down so I got the direction right. What has happened? Any help appreciated, thanks.