Options Traders Target Soaring Genius Group Stock

The stock is seeing a surge in options volume as well

Deputy Editor
Jan 30, 2023 at 3:12 PM
facebook X logo linkedin


Genius Group Ltd (NYSE:GNS) is soaring today, up 49.4% at $5.90 at last glance -- trading as high as $7.27 earlier -- after news that the company is spinning off one of its subsidiaries, Entrepreneur Resorts Ltd. Worth $37 million, the resort name was acquired by Genius Group in June 2020, and all shareholders of GNS will receive an equal percentage of shares in Entrepreneur Resorts. 

GNS is seeing a surge in options volume today. So far, 15,000 calls and 5,232 puts have been exchanged, which is 3.1 times the usual daily volume already. The February 8 and 7 calls are the most popular, with new positions being opened at both. 

The stock is working its way higher this month, and blasted out of penny stock territory today after starting the year below $1. The shares also recently broke above their 140-day moving average. 

GNS Jan30

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI