A Closer Look at GameStop's Options Market Dynamics
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
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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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