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

April 15, 2021 2:18 PM EDT

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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.



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