TRU-SENTIMENT · DeltaNeutral
CBRL Trading Analysis - 09/15/2026 04:06 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
CBRL (Cracker Barrel Old Country Store, Inc,.) at $45.37. True Sentiment Bullish, delta 40-60 call 90% / put 10%, call $1,131,000 vs put $120,430. RSI 16.6.
- Symbol
- CBRL
- Price
- $45.37
- Article bias (separate from True Sentiment)
- bearish
- Conviction
- medium
- Published
- 2026-09-15 16:06:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume:
| Option Type | Dollar Volume |
|---|---|
| Call | $1,131,000 |
| Put | $120,430 |
The options flow suggests bullish conviction, but technical indicators show bearish momentum.
Key Statistics: CBRL
Fundamental Snapshot
Valuation
| P/E (Trailing) | 43.94 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 2.45 |
Profitability
| EPS (Trailing) | $1.15 |
| EPS (Forward) | N/A |
| ROE | 5.63% |
| Net Margin | 0.79% |
Financial Health
| Revenue (TTM) | $3.34B |
| Debt/Equity | 3.49 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for CBRL include:
- Cracker Barrel (CBRL) reports a decline in same-store sales for Q4 2023, citing challenging consumer spending environment.
- The company has been investing in digital transformation and menu innovation to drive growth.
- CBRL has been facing increased competition in the casual dining space.
These headlines suggest that CBRL is navigating a challenging environment, which could impact its stock performance.
Fundamental Analysis:
Based on the provided fundamentals data:
- Revenue: $3,337,381,000
- Trailing EPS: $1.15
- Trailing P/E: 43.94
- Debt/Equity: 3.49
- Return on Equity (ROE): 5.63%
The fundamentals indicate that CBRL has a relatively high P/E ratio, which may suggest overvaluation. However, the company's ROE is positive, indicating profitability.
Current Market Position:
Current price: $45.37
Recent price action: The stock has been trending downward, with a significant drop in the past few days.
Key support and resistance levels:
| Level | Price |
|---|---|
| Support | $45.34 |
| Resistance | $50.53 |
Technical Analysis:
SMA trends:
| SMA | Price |
|---|---|
| 5-day SMA | $49.19 |
| 20-day SMA | $54.22 |
| 50-day SMA | $54.45 |
RSI (14): 16.6, indicating oversold conditions.
MACD: -1.84, suggesting bearish momentum.
Bollinger Bands: The stock price is near the lower band, indicating potential for a bounce.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume:
| Option Type | Dollar Volume |
|---|---|
| Call | $1,131,000 |
| Put | $120,430 |
The options flow suggests bullish conviction, but technical indicators show bearish momentum.
Key Price Levels:
Support: $45.34
Resistance: $50.53
Entry: $45.50
Target: $55.00
Stop Loss: $42.00
25-Day Price Forecast:
CBRL is projected for $42.50 to $48.50
Rationale: Based on current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR), the stock price may fluctuate within a narrow range.
Defined Risk Strategy Recommendations:
Based on the price forecast, consider the following strategies:
- Bull Call Spread: Buy CBRL 261016C00045000 ($3.2 ask) and sell CBRL 261016C00050000 ($1.75 ask).
- Bear Put Spread: Buy CBRL 261016P00045000 ($3.0 ask) and sell CBRL 261016P00040000 ($1.2 ask).
- Iron Condor: Sell CBRL 261016C00047500 ($1.4 ask) and buy CBRL 261016C00050000 ($1.75 ask), while selling CBRL 261016P00042500 ($1.55 ask) and buying CBRL 261016P00040000 ($1.2 ask).
Risk Factors:
Technical warning signs: Bearish MACD, oversold RSI.
Sentiment divergences: Bullish options flow vs bearish technicals.
Volatility: Recent price swings indicate high volatility.
Summary & Conviction Level:
Overall bias: Bearish
Conviction level: Medium
One-line trade idea: CBRL may experience a short-term bounce due to oversold conditions, but bearish momentum remains.
View CBRL Options Chain