Meme stock trading is dominating the options market. Mike Khouw says beware the adrenaline rush

Meme stock trading is dominating the options market. Mike Khouw says beware the adrenaline rush

Meme stocks redux! Several stocks, many with high short-interest, traded huge option volumes Wednesday. High short interest was a characteristic some speculators used to identify opportunities in the meme stock craze of early 2021. During that period, stocks like GameStop (GME) and AMC Entertainment (AMC) experienced huge moves, and participants on Reddit’s WallStreetBets forum, like…

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ISRG, BYND, PEGA, DNUT and more

ISRG, BYND, PEGA, DNUT and more

Check out the companies making headlines before the stock market’s opening bell. Beyond Meat — The plant-based meat alternative company surged 90%, continuing its meme-fueled craze . The stock soared more than 140% on Tuesday, its largest ever one-day gain, after Beyond Meat signed a deal with Walmart to expand distribution. Earlier in the week,…

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