July 31, 2026·Bullish·institutional

Daiwa Executes $17.5M GME Convertible and Share Hedge

Daiwa Capital Markets executed a $17.5 million transaction involving GameStop (GME) 6% convertible notes and 45,200 GME shares, with the share purchase structured as a hedge using puts. The trade also included 153,178 eBay (EBAY) shares, linking the two stocks in a crossover strategy.

Detected & updated continuously · Source: Nebula

Sources

@ODB123

🚨🚨🚨🚨Daiwa just made the $GME/ $EBAY crossover a lot harder to ignore. 👀. $17.5M $GME 6% convertible + 45,200 $GME shares + exactly 45,200 shares covered by puts, alongside 153,178 $EBAY shares worth $17.1M. The $GME side looks built like a structured hedge, not a dude