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Dave & Buster’s put volume heavy and directionally bearish
The Fly

Dave & Buster’s put volume heavy and directionally bearish

Bearish flow noted in Dave & Buster’s with 2,166 puts trading, or 3x expected. Most active are Sep-23 35 puts and Sep-23 45 calls, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 15.15, while ATM IV is up over 1 point on the day. Earnings are expected on December 5th.

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