PLAY Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Increasing consumer event-driven spending trends elevate PLAY’s expected demand. High open interest in calls reflects bullish sentiment and potential for price movements upwards.




Bearish Case: Current economic uncertainty, coupled with high competitive pressures, may dampen earnings. Elevated volatility in options indicates risk of price drops as traders hedge against adverse moves.




Potential Outcomes:

1) 40% chance of a price rally driven by positive earnings surprise.

2) 30% chance of a minor price dip due to recessionary fears.

3) 20% likelihood of sideways movement amidst mixed market signals.

4) 10% chance of extreme volatility impacting short-term pricing.




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November 08, 2024


Dave & Buster's Entertainment Forecast

PLAY        Dave & Buster's Entertainment











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Assets that tend to move strongly with PLAY



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BLMN Forecast + Options Trading Strategies   BLMN  Bloomin Brands (0.89)


NICE Forecast + Options Trading Strategies   NICE  NICE (0.88)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.86)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (0.85)



Uncorrelated Assets

Assets with little price relationship to PLAY



BRBR Forecast + Options Trading Strategies   BRBR  Bellring Brands (-0.0)


MU Forecast + Options Trading Strategies   MU  Micron Technology (-0.0)


CCJ Forecast + Options Trading Strategies   CCJ  Cameco (-0.01)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (-0.01)


PDD Forecast + Options Trading Strategies   PDD  Pinduoduo (0.02)



Anticorrelated Assets

Assets that tend to move strongly against PLAY



MO Forecast + Options Trading Strategies   MO  Altria (-0.79)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (-0.8)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (-0.82)


BTI Forecast + Options Trading Strategies   BTI  British American Tobacco (-0.82)


CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (-0.88)









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