Whales sold a combined $11.7 million in short positions on $GameStop (GME.US)$ that could benefit if the shares slump below $20 before the contracts turn into so-called zero-day-to-expiration (0DTE) options.
As of 10:42 a.m. Thursday, nine block trades were posted, each carrying a premium of more than $1.2 million. The sellers sold a combined 9,000 contracts that give the holders the right to sell a total of 900,000 shares ...

Tesla faced a downgrade Tuesday by Daiwa's Jairam Nathan after a weekend Wall Street Journal report alleging drug use from CEO Elon Musk that sent the stock price spinning lower. Nathan cited governance concerns with the company in his natural rating and target price cut to $195, worried that Musk could make the firm worse at navigating the EV environment.
$Tesla (TSLA.US)$ closed at a nine-month low Monday following the weekend news. Musk also s...