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Notable Bullish Options Positioning in Glu Mobile (GLUU) Targets 12.5% Upside in Shares Through Mid-January -Susquehanna

June 28, 2018 2:50 PM

Susquehanna options strategist Alison Edwards highlights bullish positioning in Glu Mobile (NASDAQ: GLUU), as an opening investor purchased 5,000 Jan 6 Calls for $1.175. The trade breaks even on a 12.5% rally through mid-January. GLUU has not traded above the breaks even price of $7.175 since 2014.

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