Jul. 8 at 3:42 PM
#OPTIONACTION
$GME Jan '28 47.0 calls are seeing interest with 1.3K contracts trading vs. open int of 1.1K, pushing implied vol up around 2 points to ~36%. GameStop releases final voting results; approved an Amendment to increase the number of authorized shares of Class A Common Stock to 2,500,000,000. Co is expected to report earnings mid-September.
$BE Aug 75.0 puts are seeing interest with 2.4K contracts trading vs. open int of 230, pushing implied vol up around 50 points to ~162%. Underlying stock is trading lower by 7%. Co is confirmed to report earnings Jul 28, after market.