Bullish Options Positioning Continues in Electronic Arts (EA) Targeting 9.5% Upside in Shares Through Mid-January -Susquehanna

Susquehanna options strategist Alison Edwards notes upside options positioning in Electronic Arts (NASDAQ: EA), as an opening investor bought 10k Jan 135/155 call spreads for $5.80, adding to 4k that were bought on Friday. This investor breaks even in the event of a 9.5% rally in the underlying through mid-January.

You May Also Be Interested In

• Pelican Way Research shorts Hyliion Holdings (HYLN) on VFG deal concerns
• Backblaze (BLZE) call put ratio 12.9 calls to 1 put with a focus on July 12.50 calls as share price up 40%
• Varonis Systems (VRNS) call put ratio 4.4 calls to 1 put with a focus on July 35, 40 and 45 calls as share price up 6.4%