Some rich people are betting that a company called GameStop will do well in the stock market. They are buying things called options, which are a way to make a profit if the price of the company's stock goes up or down. Most of the rich people are betting that GameStop's stock will go up. They are doing this by buying calls, which are options that let them buy the stock at a certain price. If the stock goes up, they can sell it for more money and make a profit. The rich people are betting that the stock will go up to prices between $17 and $40. Read from source...
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Based on the analysis, the report suggests that the big money is bullish on GameStop, with a price range of $17.0 to $40.0 as their target. However, the current market position of the company and its performance should also be taken into account when making investment decisions. Investors should consider the risks and potential rewards associated with options trading and continue to educate themselves and monitor market movements.