Bullish Options Positioning Continues in Electronic Arts (EA) Targeting 9.5% Upside in Shares Through Mid-January -Susquehanna
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Susquehanna options strategist Alison Edwards notes upside options positioning in Electronic Arts (NASDAQ: EA), as an opening investor bought 10k Jan 135/155 call spreads for $5.80, adding to 4k that were bought on Friday. This investor breaks even in the event of a 9.5% rally in the underlying through mid-January.
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