GameStop January volatility elevated, holiday SSS decline 4.4% GameStop January call option implied volatility is at 47, February is at 36, April is at 38; compared to its 26-week average of 42 according to Track Data, suggesting larger near term price movement after the company reported holiday period SSS down 4.4%.
News For GME From The Last 14 Days
Check below for free stories on GME the last two weeks.
GameStop estimates lowered on holiday discounts at BofA/Merrill BofA/Merrill lowered its Q4 estimates for GameStop citing a greater than expected holiday promotional environment. The firm cut its price target for shares to $59 from $69 but keeps a Buy rating on the name.