(Bloomberg) — Expectations are running high for Tencent Holdings Ltd. when it reports earnings Wednesday after optimism over its video game business helped push the stock to a two-year peak.The trading volume of call options, which are bets on gains in the share price, jumped to nearly 120,000 on Monday, more than three times the 20-day average. A measure of bearish wagers relative to bullish ones is at the lowest in more than a year. The 6.3% implied move by the stock on Thursday morning would be the biggest since August 2015.Tencent is expected to report an 18% increase in …read more
Source:: Yahoo Finance
