This Meme Stock Is Back in Play
Posted on Wednesday, May 25, 2022 at 7:23 PM
Dan Passarelli, CEO - Market Taker Mentoring
So-called meme stocks have struggled a little lately. Though there have been some good opportunities for some great option trades on a few lately. The overall market volatility has kept some traders away. This this meme stock is back in play. Gamestop (GME) was up about 29% today on very little news but lots of option trading volume. Option volume and open interest are useful figures to watch and when done right, We're watching AMC, ATER and a few others that also had high percentage stock gains today in their share price.
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