GameStop's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
GameStop (NYSE:GME) is experiencing significant options trading activity, with a majority of trades being bearish. This suggests that large investors anticipate potential price movements. The current price is $19.55, down 3.03%, with a neutral RSI. Analysts have a target price of $10.0.
September 18, 2024 | 5:32 pm
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GameStop is witnessing unusual options trading activity, with a significant bearish sentiment. The stock is currently priced at $19.55, down 3.03%. Analysts have set a target price of $10.0, indicating potential downside.
The article highlights a significant bearish sentiment in options trading for GameStop, with 65% of trades being bearish. This suggests that investors expect the stock price to decline. The current price is $19.55, and analysts have set a target price of $10.0, further supporting the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100