Dave & Buster's Entertain... (PLAY)
NASDAQ: PLAY
· Real-Time Price · USD
24.88
-0.70 (-2.74%)
At close: Aug 18, 2025, 3:59 PM
25.36
1.93%
After-hours: Aug 18, 2025, 06:49 PM EDT
PLAY Delta Exposure By Expiry
The total Delta Exposure (DEX) for PLAY across all expirations shows 79,657.84 net shares that market makers must hedge, with 184,450.05 from calls and 104,792.21 from puts. The put-call delta ratio of 0.57 suggests neutral market maker positioning. The largest delta concentration at Jan 16, 26 with 50,237.96 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Sep 19, 25 carries positive delta requiring market makers to short shares, potentially creating resistance.
PLAY DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Sep 19, 25 | 31,302.45 | -18,906.35 | 12,396.1 | 0.60 |
| Oct 17, 25 | 34,128.24 | -33,241.5 | 886.74 | 0.97 |
| Dec 19, 25 | 30,883.58 | -24,376.69 | 6,506.89 | 0.79 |
| Jan 16, 26 | 75,913.2 | -25,675.24 | 50,237.96 | 0.34 |
| Apr 17, 26 | 238.49 | 0 | 238.49 | 0.00 |
| Jan 15, 27 | 11,624.55 | -2,539.32 | 9,085.23 | 0.22 |
| Dec 17, 27 | 359.54 | -53.11 | 306.43 | 0.15 |