EconomyGameStop may have given up $31 million in Bitcoin upside through one options trade
GameStop’s covered calls linked to roughly 2,000 BTC face a key expiration as Bitcoin trades well above the $70,000 strike. If the contracts remain open, the company may have exchanged about $31.3 million in potential upside for option income, though it has not disclosed whether the positions were closed or rolled.
GameStop may have given up $31 million in Bitcoin upside through one options trade
Economy