Near-Term Bullish Options Activity in Activision Blizzard (ATVI) Targets Electronic Arts (EA) Earnings Announcement on July 26th as Potential Upside Catalyst -Susquehanna
Susquehanna options strategist Alison Edwards notes near-term bullish options activity in Activision Blizzard (NASDAQ: ATVI), pening investors bought ~3.5k Jul27 82 (.22d) calls for up to ~$1.00. The July weeklies don’t capture ATVI earnings (expected 8/2), however the position does give exposure to earnings from peer Electronic Arts Inc. (NASDAQ: EA) on 7/26.