Notable Put Options Activity in GameStop
By Michael J. Zerinskas
January 06, 2012 4:29 PM
January 06, 2012 4:29 PM
Shares of GameStop (NYSE: GME) are lower on the session by 1.07%, currently trading at $24.99. The stock has been moving largely higher over the past seven weeks and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the January 2012 $26.00 put, which has traded 2,400 times on open interest of 1,809 contracts.
Put volume is outpacing call volume today.
GameStop Corp. is a multichannel retailer of video game products and personal computer entertainment software.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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