FILE PHOTO: A GameStop store is seen in the Jackson Heights neighborhood of New York City, New York, U.S. January 27, 2021. Picture taken January 27, 2021. REUTERS/Nick Zieminski
NEW YORK (Reuters) - Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped spark the so-called meme stock phenomenon prepares to report quarterly results on Wednesday.
Traders are pricing a 14% swing for GameStop's shares by Friday, according to pricing in options expiring at the end of the week. By comparison, the video game retailer’s shares have moved about 30% on the day after each of its last two earnings reports.
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