Financial giants have made a conspicuous bearish move on Dave & Buster's Enter. Our analysis of options history for Dave & Buster's Enter PLAY revealed 10 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $123,610, and 7 were calls, valued at $238,162.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $36.0 and $50.0 for Dave & Buster's Enter, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Dave & Buster's Enter options trades today is 191.2 with a total volume of 3,330.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Dave & Buster's Enter's big money trades within a strike price range of $36.0 to $50.0 over the last 30 days.
Dave & Buster's Enter Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PLAY | CALL | SWEEP | BULLISH | 07/18/25 | $7.4 | $7.3 | $7.4 | $40.00 | $63.6K | 31 | 5 |
| PLAY | PUT | TRADE | BULLISH | 10/18/24 | $4.2 | $4.1 | $4.1 | $40.00 | $47.5K | 72 | 42 |
| PLAY | PUT | SWEEP | BEARISH | 07/19/24 | $0.45 | $0.4 | $0.45 | $36.00 | $40.0K | 18 | 10 |
| PLAY | PUT | TRADE | BULLISH | 01/17/25 | $12.2 | $11.9 | $12.0 | $50.00 | $36.0K | 809 | 4 |
| PLAY | CALL | SWEEP | BEARISH | 12/20/24 | $4.9 | $4.7 | $4.7 | $40.00 | $29.6K | 26 | 240 |
About Dave & Buster's Enter
Dave & Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. Each store offers a full menu of entries and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. It derives maximum revenue from Entertainment.
Present Market Standing of Dave & Buster's Enter
- With a trading volume of 1,870,388, the price of PLAY is down by -5.76%, reaching $38.45.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 71 days from now.
Professional Analyst Ratings for Dave & Buster's Enter
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $64.75.
- An analyst from BMO Capital has decided to maintain their Outperform rating on Dave & Buster's Enter, which currently sits at a price target of $65.
- An analyst from Truist Securities has decided to maintain their Buy rating on Dave & Buster's Enter, which currently sits at a price target of $67.
- Consistent in their evaluation, an analyst from Loop Capital keeps a Buy rating on Dave & Buster's Enter with a target price of $63.
- An analyst from Truist Securities persists with their Buy rating on Dave & Buster's Enter, maintaining a target price of $64.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Dave & Buster's Enter, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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