Mixed options sentiment in GameStop (GME), with shares down 8c near $22.48. Options volume roughly in line with average with 58k contracts traded and calls leading puts for a put/call ratio of 0.19, compared to a typical level near 0.19. Implied volatility (IV30) dropped 0.78 near 40.87,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.58. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GME:
- GameStop Stock (NYSE:GME) Jumps With New Game Merch
- “Blinded by the Risks” GameStop Stock (NYSE:GME) Gains as “Big Short” Burry Explains His Departure
- Moderately bullish activity in GameStop with shares up 0.61%
- GameStop Stock (GME) Is Surging Again. What’s Driving the Move?
- “We Stole Your Girl @BestBuy” GameStop Stock (NYSE:GME) Races Up on Spokesperson Shift
