GameStop Option Alert: Jun 28 $128 Calls Sweep (10) near the Ask: 967 @ $1.22 vs 15055 OI; Ref=$30.5459
Portfolio Pulse from Benzinga Newsdesk
GameStop has seen a significant option alert with a sweep of 10 call options for June 28 at a strike price of $128, near the ask price. The transaction involved 967 contracts at $1.22 each, compared to an open interest of 15,055. The reference stock price at the time was $30.5459.
June 12, 2024 | 5:08 pm
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GameStop has experienced a significant option alert with a sweep of 10 call options for June 28 at a $128 strike price. This could indicate bullish sentiment among traders.
The sweep of call options near the ask price suggests that traders are willing to pay a premium, indicating bullish sentiment. The high open interest further supports the potential for upward price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100