Smart Money Is Betting Big In GME Options
Portfolio Pulse from Benzinga Insights
Financial giants are making significant bullish moves on GameStop (NYSE:GME) options, with 13 unusual trades detected. The majority of these trades are calls, indicating a positive sentiment. The expected price range for GME is between $20.0 and $30.0. Current trading volume is high, but the stock is slightly down. An analyst from Wedbush maintains an Underperform rating with a price target of $11.0.
June 28, 2024 | 5:16 pm
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Financial giants are making significant bullish moves on GameStop options, with 13 unusual trades detected. The majority of these trades are calls, indicating a positive sentiment. The expected price range for GME is between $20.0 and $30.0. Current trading volume is high, but the stock is slightly down. An analyst from Wedbush maintains an Underperform rating with a price target of $11.0.
The majority of the detected options trades are calls, indicating a bullish sentiment among financial giants. The expected price range of $20.0 to $30.0 suggests potential upward movement. However, the current stock price is slightly down, and an analyst has maintained an Underperform rating with a lower price target, which could temper the bullish outlook.
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