PLAY Forecast + Trading Strategies


Bullish Case: PLAY implied volatility is generally aligned with market forecasts, indicating stable sentiment. Historical price trends show a higher likelihood of modest positive returns over holding periods.


Bearish Case: Implied volatility is higher for future months, signaling increased market uncertainty. Recent underperformance and high leverage may weigh on the stock.


Potential Outcomes:

1) Earnings outperformance, rally continuation (35%);

2) Market-driven decline (40%);

3) Sideways movement due to macro uncertainty (25%).


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June 27, 2024


Dave & Buster's Entertainment Forecast

PLAY      Dave & Buster's Entertainment











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Uncorrelated Assets

Assets with little price relationship to PLAY



MCFT Forecast + Options Trading Strategies   MCFT  MasterCraft Boat (-0.0)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.0)


SJM Forecast + Options Trading Strategies   SJM  J.M. Smucker (0.0)


SVOL Forecast + Options Trading Strategies   SVOL  Simplify Volatility Premium (-0.0)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PLAY



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.87)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.88)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.88)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.88)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.88)





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