Calls Purchased on GameStop Corp. (GME)

Shares of GameStop Corp. GME are higher on the session by 2.13%, currently trading at $20.12. The stock has been moving largely lower over the past two months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the February $21.00 call traded 3,600 times on open interest of 7,526 contracts. The $20 and $22 strikes are also very active in March and April. Overall call volume is now running at 5.10x the daily average with 81% of all calls traded being purchases on the offer. GameStop Corp. is a retailer of video game products and personal computer entertainment software. The company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.