GameStop Sell-Off Hastens as 'Roaring Kitty' Call Options Volume Surges

Wednesday, 12 June 2024, 20:39
GameStop shares experienced a significant sell-off, exacerbated by a spike in trading volume of call options owned by 'Roaring Kitty'. The surge in call options trading coincided with a pronounced downturn in GameStop's stock price, leading to intensified market activity and increased volatility.
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GameStop Sell-Off Hastens as 'Roaring Kitty' Call Options Volume Surges

GameStop Stock Sell-Off Accelerates

The steep decline in GameStop shares intensified during afternoon trading.

'Roaring Kitty' Call Options Surge

The surge in call options trading volume owned by 'Roaring Kitty' contributed to the market turbulence.

Increased Volatility and Market Activity

The simultaneous rise in call options volume and stock price decline led to heightened market activity and increased volatility among investors.

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