Bearish flow noted in Dave & Buster’s (PLAY) with 2,366 puts trading, or 3x expected. Most active are Jan-25 29 puts and Feb-25 24 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 1.57, while ATM IV is up over 1 point on the day. Earnings are expected on April 1st.
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