Electronic Arts Stock Break Record After Take-Private Deal

Core Points - Electronic Arts Inc (NASDAQ:EA) has entered a take-private deal valued at $55 billion with the Public Investment Fund of Saudi Arabia, Silver Lake, and Affinity Partners, offering shareholders $210 per share in cash [1] - Following the announcement, EA's stock surged to a record high of $203.75, marking a significant increase of 4.9% to $202.85 at the last check [1] - The stock has shown strong performance, breaking through the $180 resistance level and achieving its best single-day percentage increase since 2019, along with a third consecutive weekly gain [1] Options Activity - The 50-day call/put volume ratio for EA stands at 2.69, indicating that options traders have been significantly more bullish than usual over the past two months, with this ratio higher than 73% of annual readings [2] - Today's options activity includes 20,000 calls and 8,477 puts, which is 21 times the intraday average volume, with the October 205 call being the most popular contract [3] - EA's Schaeffer's Volatility Scorecard (SVS) is at 83 out of 100, suggesting that the stock has historically outperformed volatility expectations over the past year [3]