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Bullish Options Activity in Take-Two Interactive Software (TTWO) Targets Upside in Shares Ahead of Earnings in Early November -Susquehanna

September 27, 2018 2:56 PM

Susquehanna options strategist Alison Edwards notes bullish options activity in Take-Two Interactive Software (NASDAQ: TTWO), as an opening investors bought Nov2 146 Calls up to $2.30 and Nov2 148 Calls for $1.80, ~1,500x each, indicating a bullish bias. Investors may be thinking stock will see upside related to the launch of Red Dead Redemption 2 in late Oct. At this point, earnings are estimated for early Nov.


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