Bearish flow noted in Dave & Buster’s with 1,613 puts trading, or 1.2x expected. Most active are Sep-23 35 puts and Oct-23 35 calls, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 3.07, while ATM IV is up over 1 point on the day. Earnings are expected on December 5th.
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