A Closer Look at GameStop's Options Market Dynamics

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Whales with a lot of money to spend have taken a noticeably bearish stance on GameStop.

Looking at options history for GameStop GME we detected 14 trades.

If we consider the specifics of each trade, it is accurate to state that 21% of the investors opened trades with bullish expectations and 35% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $66,780 and 12, calls, for a total amount of $577,948.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $20.0 and $125.0 for GameStop, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for GameStop’s options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of GameStop’s whale trades within a strike price range from $20.0 to $125.0 in the last 30 days.

GameStop Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
GME CALL SWEEP BEARISH 01/17/25 $12.0 $11.85 $11.85 $20.00 $118.5K 18.3K 299
GME CALL SWEEP NEUTRAL 06/20/25 $12.0 $11.65 $12.0 $25.00 $72.0K 2.0K 61
GME CALL TRADE BULLISH 01/17/25 $7.6 $7.6 $7.6 $26.00 $56.2K 2.5K 1
GME CALL TRADE BULLISH 01/17/25 $5.25 $5.2 $5.25 $35.00 $52.5K 7.5K 288
GME CALL SWEEP BULLISH 06/20/25 $14.4 $14.05 $14.35 $20.00 $43.0K 2.4K 35

About GameStop

GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Australia, and the United States. GameStop sells new and second-hand video game hardware, physical and digital video game software, and video game accessories, mainly through GameStop, EB Games, and Micromania stores and international e-commerce sites. The majority of sales are from the United States.

Present Market Standing of GameStop

  • With a trading volume of 4,528,712, the price of GME is up by 3.63%, reaching $31.43.
  • Current RSI values indicate that the stock is may be overbought.
  • Next earnings report is scheduled for 12 days from now.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for GameStop with Benzinga Pro for real-time alerts.

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