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

Looking at options history for GameStop ( GME ) we detected 54 trades.

If we consider the specifics of each trade, it is accurate to state that 29% of the investors opened trades with bullish expectations and 51% with bearish.

From the overall spotted trades, 34 are puts, for a total amount of $1,322,200 and 20, calls, for a total amount of $1,069,919.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $25.0 to $125.0 for GameStop ( GME ) during the past quarter.

Insights into Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for GameStop's ( GME ) options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across GameStop's ( GME ) significant trades, within a strike price range of $25.0 to $125.0, over the past month.

GameStop Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About GameStop

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

In light of the recent options history for GameStop ( GME ), it's now appropriate to focus on the company itself. We aim to explore its current performance.

GameStop's Current Market Status

Currently trading with a volume of 11,210,969, the GME's price is down by -5.03%, now at $27.59.

RSI readings suggest the stock is currently may be approaching overbought.

Anticipated earnings release is in 8 days.

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