Petco and Dave & Busters See Active Options Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy DVN?
Source: NASDAQ.COM
- Surge in Petco Options Trading: Petco Health & Wellness Co Inc (Ticker: WOOF) saw options trading volume reach 14,799 contracts today, representing approximately 1.5 million shares or about 69.9% of its average daily trading volume of 2.1 million shares over the past month, indicating a significant increase in market interest.
- High Demand for Call Options: Among WOOF's options, the $3.50 strike call option is particularly active, with 1,901 contracts traded today, equating to around 190,100 underlying shares, suggesting that investors are increasingly optimistic about future price increases.
- Dave & Busters Options Activity: Concurrently, Dave & Busters Entertainment Inc (Ticker: PLAY) recorded options trading volume of 7,604 contracts today, representing approximately 760,400 shares or about 69.2% of its average daily trading volume of 1.1 million shares over the past month, reflecting strong market activity.
- Put Options Trading Interest: For PLAY, the $13 strike put option has seen notable trading volume, with 2,028 contracts traded today, corresponding to approximately 202,800 underlying shares, indicating market concerns regarding potential declines in the stock price.
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Analyst Views on DVN
Wall Street analysts forecast DVN stock price to fall
20 Analyst Rating
18 Buy
2 Hold
0 Sell
Strong Buy
Current: 52.070
Low
41.00
Averages
45.53
High
55.00
Current: 52.070
Low
41.00
Averages
45.53
High
55.00
About DVN
Devon Energy Corporation is an oil and gas producer in the United States with a diversified multi-basin portfolio headlined by an acreage position in the Delaware Basin. The Company is primarily engaged in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). It owns a portfolio of assets located in the Delaware Basin, Rockies, Eagle Ford and Anadarko Basin. The Delaware Basin operates in southeast New Mexico and across the state line into west Texas. It offers exploration and development opportunities from many geologic reservoirs and play types, including the oil-rich Wolfcamp, Bone Spring, Avalon and Delaware formations. Its Rockies development consists of its Williston Basin and Powder River Basin assets. The Eagle Ford operations are located in Texas' DeWitt and Karnes counties. The Anadarko Basin development is located in western Oklahoma. It has a joint venture with Dow to develop a portion of its Anadarko Basin acreage.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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