Call Buying Activity in Scientific Games (SGMS) Targets Upside in Shares Through Earnings on May 11th -Susquehanna

April 15, 2021 2:18 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Susquehanna options strategist Alison Edwards notes call buying activity in Scientific Games (NASDAQ: SGMS), as an opening investor bought 5k May 50 Calls for $1.65, giving the right to buy 500k shares ~15% higher at 5/21/21 expiration. The investor may be seeking exposure to earnings, currently estimated for 5/11.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Options, Trader Talk

Related Entities

Susquehanna International Group of Companies, Earnings