Options Market Statistics: GameStop Stock Soars Following Roaring Kitty Return; Options Pop
News Highlights
1. Shares of $GameStop (GME.US)$ jumped as much as 14% Thursday afternoon after Roaring Kitty, the online alias of meme stock ringleader Keith Gill, posted to X for the first time since September. The most traded calls are contracts of $30 strike price that expire on Dec. 6. The total volume reaches 60,220 with the open interest of 18,110.
Gill, at 1:45 p.m. ET on Thursday, posted a photo of a fake TIME Magazine cover featuring just a desktop computer monitor and keyboard. As of 3:45 p.m., the post had been viewed 3.1 million times.
Gill has repeatedly sparked meme stock rallies by posting cryptic messages and images to X, where he has 1.6 million followers. The last frenzy came in early September when he posted a photo that was taken by some as a sign that he had sold some of his sizable position in Chewy. That post sent Chewy stock plummeting and GameStop soaring.
Unusual Stock Options Activity
There was a noteworthy activity in $American Airlines (AAL.US)$, with $18 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 118.5x with 32,112 contracts.
Daily Active Index & Sector ETF Options
Source: Barchart, Unusual Whales, The Guardian, Bloomberg, MarketWatch
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Implied Volatility Rank: Volatility Analysis: IV, HV, IV Rank, IV Percentile
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