ChristopherCarrollSmith

Bullish options activity in IGT ahead of earnings

Long
NYSE:IGT   International Game Technology
IGT, International Game Technology, has been getting some unusually bullish call options activity today. IGT blew away analyst estimates on its last earnings report, and options traders may be betting on a repeat performance. IGT has been seeing particularly strong growth in its global lottery division. Even if IGT misses on earnings, it could soon start to gain as it rolls out its new "CrystalBetting" sports betting terminal. In addition to its growth potential, IGT has an $.80 annual dividend.

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