GameStop’s implied volatility explosion based on a single tweet from a r/wallstreetbets veteran adheres to the purest form of a mania-like phenomenon that is unfolding before our eyes today. For the benefit of those who might not be aware, Keith Gill, who goes by the moniker Roaring Kitty on Reddit’s r/wallstreetbets thread, played a pivotal role in unleashing the meme stock mania of 2021 by predicting a massive short squeeze in GameStop’s shares at the time. The OG meme stock veteran also pocketed a sizable windfall from that saga, to the tune of around $30 million. Roaring Kitty’s Intricate GameStop […]
Read full article at https://wccftech.com/roaring-kitty-unleashes-fierce-momentum-in-gamestop-shares-as-call-gamma-goes-berserk-on-out-of-the-money-call-buying/
