CDRO Codere Online Luxembourg, S.A. Ordinary Shares

XNAS
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

CDRO — —

What changed

Recent filings, trades and moves
Key stats
About
Industry (SIC)
SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION (7990) · industry map
Exchange
XNAS
Market Cap
$0.4B
Employees
369
List Date
2021-12-01
CIK
0001866782
Next Earnings
2026-11-12 (Pre-Market)
EPS Forecast
$0.08
Homepage
https://www.codereonline.com

Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on…

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---6.24%21.62%43.61%4.11%-0.62%12.50%
Feb---22.66%-2.43%58.53%23.56%1.63%11.73%
Mar--6.74%8.19%-0.50%-4.10%4.12%2.89%
Apr---8.37%-4.99%-4.93%2.27%7.38%-1.73%
May---38.19%15.79%12.11%-0.55%0.00%-2.17%
Jun---7.57%12.50%9.69%17.10%2.68%6.88%
Jul---10.72%-11.02%0.86%0.00%-4.87%-5.15%
Aug--22.94%-7.88%-7.92%0.00%-4.53%0.52%
Sep---8.47%-2.43%4.04%-17.95%12.25%-2.51%
Oct---6.08%-3.64%-1.75%-9.24%-10.64%-6.27%
Nov--2.79%13.10%-0.26%16.67%3.05%*7.07%
Dec-25.22%-0.77%-11.28%-18.87%11.84%---8.86%
Total-25.22%-61.00%22.87%103.44%42.77%8.85%15.28%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $9.08
SMA 50: $9.24
SMA 200: $8.96
Current: $8.64
EMA 12: $8.81
EMA 26: $9.03
MACD: -0.2211 | Signal: -0.0610
BEARISH
ADX (14): 14.05
RANGE
+DI: 13.34
−DI: 16.36

Momentum Oscillators

RSI (14): 42.72
NEUTRAL
Stoch %K: 18.91
Stoch %D: 24.75
Williams %R: -74.68

Volume & Volatility

BB Upper: $9.92
BB Lower: $8.24
NEUTRAL
OBV: -782,518
Vol SMA 20: 24,899
Vol ROC: -82.57%
ATR: $0.45
True Range: $0.46
HV 20: 50.3%
HV 30: 42.1%
HV 60: 39.9%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-08T00:00:00 – 2026-11-06T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

CDRO Options Activity & IV Rank

Loading options activity...
Spread Scanner
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Scanning bull put, bear call, iron condor and calendar spreads…

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.5172
Alpha: 43.12%
Correlation: 0.2134
R-Squared: 4.6%
Stock Volatility: 33.4%
Market Volatility: 13.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own CDRO
3 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Renaissance Technologies Hedge fund
Jim Simons
$373K
0.00%
#2711 of 3138new13F
Citadel Hedge fund
Ken Griffin
$367K
0.00%
#4843 of 6285+256.6%13F
Millennium Management Hedge fund
Izzy Englander
$122K
0.00%
#3584 of 3716new13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

CDRO Institutional Ownership (13F)

Filings for 2026-06-30 · 5 already for 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

21 filers5,440,532 shares$52.16M value
# Filer Shares Value % of Total % of Float Period
1 BAMCO INC /NY/ 3,503,284 $33.53M 64.28% — 2026-06-30
2 FNY Investment Advisers, LLC 650,732 $6.32M 12.11% — 2026-09-30
3 MMBG INVESTMENT ADVISORS CO. 443,667 $4.25M 8.14% — 2026-06-30
4 UBS Group AG Custodian 284,246 $2.72M 5.22% — 2026-06-30
5 NOMURA HOLDINGS INC 210,000 $2.01M 3.85% — 2026-06-30
6 Morgan Stanley Custodian 103,206 $987.68K 1.89% — 2026-06-30
7 Wealthspire Advisors, LLC 50,000 $478.50K 0.92% — 2026-06-30
8 RENAISSANCE TECHNOLOGIES LLC 39,000 $373.23K 0.72% — 2026-06-30
9 Citadel Advisors LLC Custodian 38,355 $367.06K 0.70% — 2026-06-30
10 HURRICANE CAPITAL ADVISORS LLC 35,000 $334.95K 0.64% — 2026-06-30
11 BlackRock, Inc. Custodian 19,690 $188.43K 0.36% — 2026-06-30
12 Geode Capital Management, LLC Custodian 17,718 $172.04K 0.33% — 2026-09-30
13 Raymond James Financial, Inc. Custodian 16,181 $154.85K 0.30% — 2026-06-30
14 Jane Street Group, LLC Custodian 13,520 $129.39K 0.25% — 2026-06-30
15 Millennium Management LLC Custodian 12,752 $122.04K 0.23% — 2026-06-30
16 WOLVERINE ASSET MANAGEMENT LLC 1,729 $16.79K 0.03% — 2026-09-30
17 Barclays PLC Custodian 959 $9.31K 0.02% — 2026-09-30
18 Jones Financial Companies LLLP Custodian 409 $3.94K <0.01% — 2026-06-30
19 Quarry LP 60 $574 <0.01% — 2026-06-30
20 Caitong International Asset Management Co., Ltd 2 $19 0.00% — 2026-09-30
21 Royal Bank of Canada Custodian 22 $0 0.00% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

CDRO Insider Trading (Form 4)

Latest: 2026-09-28
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-09-28 Sanchez Oscar Iglesias Director Sell (S) −460 $10.10 -$4.6K EDGAR
2026-06-23 Sanchez Oscar Iglesias Director Sell (S) −14,276 $10.04 -$143.3K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

CDRO Insider Holdings

1 insider · @ $8.64
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Sanchez Oscar Iglesias Director 103,651 $896.1K -$147.9K 2 2026-09-28
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

CDRO Board & Officers

As of SEC filings through Sep 28, 2026

Directors 8

  • Espejel Francisco De Borja Fernandez · since Mar 18, 2026
  • Franco Daniel Valdez · since Mar 18, 2026
  • Gaetan Bruno Dumont · since Mar 18, 2026
  • Laurent Teitgen · since Mar 18, 2026
  • Moshe Edree · since Mar 18, 2026
  • Robles Luis Gonzaga Higuero · since Mar 18, 2026
  • Sanchez Oscar Iglesias · since Mar 18, 2026
  • de Buruaga Perez-Acha Gabriel Saenz · since Mar 18, 2026

Officers 7

Changes in the last 10 years (15)
Mar 18, 2026de Buruaga Perez-Acha Gabriel Saenz became a director
Mar 18, 2026Sanchez Oscar Iglesias became a director
Mar 18, 2026Robles Yaiza Maria Rodriguez became GC & Sec of Board of Directors
Mar 18, 2026Robles Luis Gonzaga Higuero became a director
Mar 18, 2026Moshe Edree became a director
Mar 18, 2026Matan Shemesh became Chief of Growth and Strategy
Mar 18, 2026Marcus Kai Arildsson became Chief Financial Officer
Mar 18, 2026Laurent Teitgen became a director
Mar 18, 2026Gaetan Bruno Dumont became a director
Mar 18, 2026Franco Daniel Valdez became a director
Mar 18, 2026Espejel Francisco De Borja Fernandez became a director
Mar 18, 2026Deborah Frida Guivisdalsky became Chief Operating Officer
Mar 18, 2026Castano Amalia Lopez became Chief Accounting Officer
Mar 18, 2026Aviv Sher became Chief Executive Officer
Mar 18, 2026Alberto Hernan Telias became Chief Marketing Officer
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

CDRO Proposed Insider Sales (Form 144)

Latest: 2026-06-16
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-06-16 Iglesias Sanchez Oscar Director 50,000 $500.0K 2026-06-16 Stifel Nicolaus & Company Inc 10b5-1 EDGAR
2024-09-03 DD3 Sponsor Group LLC Former Board Member 320,512 $2.37M 2024-06-06 UBS Financial Services Inc — EDGAR
2024-03-06 DD3 Sponsor Group LLC Board Member 100,000 $700.0K 2024-03-06 UBS Financial Services Inc — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
1 ETF hold CDRO
1 shown · $12.35K total exposure · 1.63% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 ODDZ Corgi Sports Betting & Gambling ETF Corgi 1.63% $12,347 $756,903 2026-11-06
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

CDRO vs Peers

Related companies, largest first
Company Market cap P/E Revenue growth YTD IV rank
LVS Las Vegas Sands Corp. $26.4B 15.9 +18.1% −37.5% 52
FLUT Flutter Entertainment plc $14.2B — +11.7% −62.1% 36
DKNG DraftKings Inc. Class A Common Stock $9.2B 266.6 +25.8% −47.7% 55
SGHC Super Group (SGHC) Limited $5.8B — — −0.8% 17
BRSL Brightstar Lottery PLC $1.8B — — −34.4% 42
GENI Genius Sports Limited $1.6B — — −42.0% 45
RSI Rush Street Interactive, Inc. $1.4B 41.1 +38.7% −36.1% 100
CDRO Codere Online Luxembourg, S.A. Ordinary $386M — — +7.4% —
GRSD Grandstand Limited Ordinary Shares $30M — — −44.1% —
Peer median $3.8B 41.1 +22.0% −39.7% 45

P/E uses the latest reported trailing-12-month diluted EPS; "—" means no positive earnings or no data.