Sell to Close PLAY Puts
Sell to close the January 20, 2017 put on Dave and Buster’s Entertainment (NSDQ:PLAY) with a strike price of $45 at 20c or higher. Symbol (PLAY170120P45)
Dave and Busters reported a turnaround in comp sales, beating third quarter estimates and increasing fourth. Newly introduced exclusive video games drew in a large audience which spurred sales.
Short selling bets in general have been extremely difficult with stocks moving up viciously against the bears. We’re going back into hibernation on our short bets for the time being.
Stock Talk
Christopher Thomas
Too bad we didn’t do calls…..
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