The King is dead, long live the King!
I speak of course, of DraftKings, which helped lead the Freaky Fast to a $610 day today, or nearly a 4% account value gain. DKNG gained 8% today, and with our oversized stock position, plus our November $50 call, we made more than $350 on that name alone. I’ve got to be brief, so I’ll just note our trades today:
- Sold about 5% of my DKNG stock, as that position is just too big for my portfolio.
- Sold my ARNC stock at a 2% loss.
- Sold my AMD stock at a 6% gain.
- Sold 10% of my TTGT at a 19% gain.
- Added a super small 2% position in CWH because I wanted to follow it more closely.
That will do it for today, good night and happy trading!