GameStop: How I'm Taking Advantage Of Expensive Call Options
Portfolio Pulse from
GameStop's high volatility and expensive call options present income opportunities through selling covered calls. Despite weak fundamentals, its improving gross profit margin and large cash position offer some stability. The stock is in a short-term uptrend, but risks include potential price drops and decreased implied volatility.
January 13, 2025 | 11:45 pm
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GameStop's high volatility and expensive call options create opportunities for income through selling covered calls. The stock is in a short-term uptrend, but risks include potential price drops and a fall in implied volatility.
GameStop's stock is currently in a short-term uptrend, making it attractive for selling covered calls due to high volatility and expensive options. However, investors should be cautious of potential price drops and changes in implied volatility, which could impact the profitability of this strategy.
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