Market Whales and Their Recent Bets on GME Options
Portfolio Pulse from Benzinga Insights
Wealthy investors are taking a bearish stance on GameStop (NYSE:GME) options, with 77% of trades being bearish. The predicted price range for GME is $15.0 to $27.0. Current trading volume is high, and the stock is down 2.74% at $22.04.
August 20, 2024 | 3:00 pm
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Wealthy investors are predominantly bearish on GameStop options, with 77% of trades reflecting this sentiment. The stock is currently down 2.74% at $22.04, with a predicted price range of $15.0 to $27.0.
The article highlights a significant bearish sentiment among wealthy investors in GameStop options, with 77% of trades being bearish. This suggests a potential downward pressure on the stock price. The current price is $22.04, down 2.74%, and the predicted price range is $15.0 to $27.0, indicating a possible decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100