Dave & Buster's Enter Option Alert: Sep 15 $50 Calls Sweep (24) near the Ask: 789 @ $3.388 vs 29 OI; Ref=$46.09
Portfolio Pulse from Charles Gross
Dave & Buster's (PLAY) sees a significant increase in Sep 15 $50 call options, with 789 contracts traded at $3.388, compared to an open interest of 29 contracts. The stock is currently trading at $46.09.
June 13, 2023 | 2:17 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Dave & Buster's stock may experience short-term volatility due to the significant increase in Sep 15 $50 call options, with 789 contracts traded at $3.388.
The significant increase in call options for Dave & Buster's indicates that investors are expecting the stock price to rise in the short term. However, options trading can be speculative, and the stock price may not necessarily follow the options activity. Therefore, the short-term impact on PLAY's stock price is uncertain, but it may experience increased volatility.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100