Spotlight on Dave & Buster's Enter: Analyzing the Surge in Options Activity - Dave & Buster's Enter (NASD

Whales with a lot of money to spend have taken a noticeably bullish stance on Dave & Buster's Enter.

Looking at options history for Dave & Buster's Enter (NASDAQ:PLAY) we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 33% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $95,505 and 6, calls, for a total amount of $677,817.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $40.0 for Dave & Buster's Enter over the last 3 months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Dave & Buster's Enter's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Dave & Buster's Enter's substantial trades, within a strike price spectrum from $30.0 to $40.0 over the preceding 30 days.

Dave & Buster's Enter Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
PLAY	CALL	SWEEP	BEARISH	01/17/25	$2.7	$2.5	$2.55	$30.00	$309.3K	131	2.2K
PLAY	CALL	SWEEP	BULLISH	01/17/25	$2.55	$2.55	$2.55	$30.00	$215.5K	131	941
PLAY	CALL	SWEEP	BULLISH	01/16/26	$4.7	$4.0	$4.7	$40.00	$47.0K	1.3K	203
PLAY	CALL	SWEEP	BULLISH	04/17/25	$5.5	$5.3	$5.5	$30.00	$40.7K	15	128
PLAY	PUT	SWEEP	BEARISH	04/17/25	$9.8	$9.6	$9.8	$40.00	$35.2K	101	40

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.

Current Position of Dave & Buster's Enter

Currently trading with a volume of 5,052,789, the PLAY's price is down by -14.67%, now at $31.4.
RSI readings suggest the stock is currently may be oversold.
Anticipated earnings release is in 111 days.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

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.

PLAYDave & Buster's Entertainment Inc

$13.20-%

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