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Analysis-With GameStop earnings on tap, options traders bet on muted moves

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NEW YORK : Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped spark the so-called meme stock phenomenon prepares to report quarterly results on Wednesday.Traders are pricing a 14per cent swing for GameStop's shares by Fri

NEW YORK : Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped spark the so-called meme stock phenomenon prepares to report quarterly results on Wednesday.

Graphic: GameStop earnings reaction: https://graphics.reuters.com/GAMESTOP-RESULTS/byvrjjgjxve/chart.png The Grapevine, Texas-based company is expected to post a rise in second-quarter revenue on Wednesday as its brick-and mortar business is slowly recovering.

 

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