Bullish option flow detected in GameStop with 76,121 calls trading, 4x expected, and implied vol increasing almost 6 points to 104.96%. 9/6 weekly 25 calls and 9/6 weekly 30 calls are the most active options, with total volume in those strikes near 15,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on September 10th.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GME:
- Unusually active option classes on open September 3rd
- GameStop Voluntarily Ends $250 Million Credit Facility
- GameStop (GME) Q2 Earnings: Tough Quarter Ahead or Ryan Cohen’s Wild Card?
- GameStop Announces Release Date for Second Quarter Fiscal 2024 Results
- U.S. video game spending rose 10% y/y in July, says Circana