Quantchabot has detected a new Bear Call Spread trade opportunity for DAVE & BUSTERS ENTERTAINMENT (PLAY) for the 21-Nov-2025 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
PLAY was recently trading at $14.07 and has an implied volatility of 74.87% for this period. Based on an analysis of the options available for PLAY expiring on 21-Nov-2025, there is a 34.29% likelihood that the underlying will close within the analyzed range of $12.01-$14.10 at expiration. In this scenario, the average linear return for the trade would be 21.20%.
52 week low: DAVE & BUSTERS ENTERTAINMENT recently reached a new 52-week low at $13.93. PLAY had traded in the range $14.12-$43.73 over the past year.
Trade approach: Reaching a new 52-week low is a bearish indicator, so this trade is designed to be profitable if PLAY maintains its current direction and does not revert back to pricing on the bullish side of $14.07 on 21-Nov-2025. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bearish strategy, the trade would be profitable if DAVE & BUSTERS ENTERTAINMENT closes at or below $14.15 on 21-Nov-2025. Based on our risk-neutral analysis, there is a 50.95% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.