Options Traders Bet on a Washout When GameStop Reports Earnings
By Ulises in Business
Updated 3 years ago
A new twist in the tale of the Reddit rebellion could happen as soon as Tuesday afternoon when GameStop, is scheduled to report earnings. The stock, which has been on a stomach-churning roller-coaster ride throughout 2021, is still up nearly 1,000% this year, but options traders are betting that those gains are not long for this world.