GameStop Surges And Options Traders Plan To Bank On A Moon Shot
GameStop Corporation surged over 20% on Tuesday despite the general markets trading slightly lower. Since the epic short squeeze that took place in January, there has often been an inverse correlation between GameStop and theSPDR S&P 500 ETF.The company is set to print its first-quarter 2021 earnings results after the close on June 8. After reporting itsfourth-quarter 2020earnings, GameStop’s stock plummeted almost 35% in a single day. GameStop reported sales of $2.12 billion, missing the analys