Bearish Options Positioning in GameStop (GME) Continues Into Earnings Announcement on November 21 -Susquehanna
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Price: $10.93 +7.58%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 13.9%
Revenue Growth %: -12.1%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 13.9%
Revenue Growth %: -12.1%
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Susquehanna options strategist Alison Edwards notes continued bearish options positioning in GameStop (NYSE: GME), as an investor purchased 3,000 Dec 16 Puts for $1.09, adding to buying 8k Jan 17 puts bought yesterday. Investors have also recently bought various weekly Nov23 puts and put spreads ahead of next week’s earnings, as well as longer-dated Jan 18 puts and Jan2019 10 puts.
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