Large Option Traders Making Aggressive Bets On GameStop, Nokia
GameStop Corp. (NYSE: GME) shares fell 51.1% and Nokia (NYSE: NOK) shares tumbled 8% on Tuesday as the WallStreetBets-fueled short squeeze appears to be winding down for the time being. A flurry of large option trades in the two highly shorted stocks were mixed in nature on Tuesday as investors decide whether or not the short squeeze is over for good. The Trades: On Tuesday morning, Benzinga Pro subscribers received dozens of option alerts related to unusually large trades of GameStop and Nokia options. Here are a handful of the biggest: At 9:44 a.m., a trader bought 3,181 GameStop put options...
Source: yahoo.com