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Benzinga
Benzinga
Business
Benzinga Insights

GameStop's Options Frenzy: What You Need to Know

GameStop GME United States

Deep-pocketed investors have adopted a bearish approach towards GameStop (NYSE:GME), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GME usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for GameStop. This level of activity is out of the ordinary.

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