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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