Good Noon Legend
GameStop may have capped roughly $31 million of Bitcoin upside with one options trade.
Its Aug. 1 filing showed covered calls tied to about 2,000 BTC at a $70,000 strike. With Bitcoin near $85,662, Friday’s expiration matters only if those contracts are still open.
GameStop may have capped roughly $31 million of Bitcoin upside with one options trade.
Its Aug. 1 filing showed covered calls tied to about 2,000 BTC at a $70,000 strike. With Bitcoin near $85,662, Friday’s expiration matters only if those contracts are still open.
