Thursday, March 4, 2021
The options action continues to run hot in AMC Entertainment (AMC). AMC was one of the stocks targeted as a short squeeze candidate by the Wall Street Bets crowd. The movie theater business has suffered quite a bit from the pandemic, but there’s a case for it bouncing back later this year. It looks like […]
The need for instant gratification has spilled over into the world of investing. The GameStop (GME) saga was the culmination of a world in which both the financial media and social media focus on short-term news and “advice.” I hear it from many of my subscribers who see the news and hype around stocks like […]
If you watch financial news, you are probably aware of the short squeeze initiated by retail traders that drove share prices of stocks like GameStop Corp. (GME) up more than 800% in a few days. It was the biggest story last week. I do not think the news reporters did a very good job explaining […]
American Airlines (AAL) saw plenty of options action last week, along with several other stocks that have been heavily shorted. Airlines have struggled with the ongoing pandemic so they’ve attracted plenty of short-sellers. However, traders have been targeted these down and out stocks for heavy out-of-the-money call buying in an effort to squeeze the stock […]
