GameStop may have capped roughly $31 million of Bitcoin upside with one options trade.

Its Aug. 1 filing showed covered calls tied to about 2,000 BTC at a $70,000 strike. With Bitcoin near $85,662, Friday’s expiration matters only if those contracts are still open.

https://cryptoslate.com/gamestop-may-have-surrendered-31-million-of-bitcoin-upside-with-one-options-trade/

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