Unpacking the Latest Options Trading Trends in GameStop
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish trend in GameStop (NYSE:GME) options trading, with significant activity noted by Benzinga's options scanner. The sentiment is mixed, with 50% bullish and 37% bearish, focusing on a price range of $20.0 to $23.0. GameStop's current trading volume is 1,520,403, with a slight price decrease of -0.52% to $21.11. RSI indicators suggest the stock may be nearing oversold territory.
October 21, 2024 | 3:31 pm
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GameStop's options trading shows a bullish trend with significant activity, indicating potential insider information. The focus is on a price range of $20.0 to $23.0, with a mixed sentiment of 50% bullish and 37% bearish. Current trading volume is high, and the stock price is slightly down.
The significant options trading activity, with a majority of calls, suggests bullish sentiment among high-rolling investors. The focus on a specific price range indicates potential insider information. Despite a slight decrease in stock price, the high trading volume and RSI nearing oversold territory suggest potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100