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IPFS News Link • Stock Market

Deja Vu All Over Again: Gamestop Soars Over 300% As 'Gamma Squeeze' Returns

• https://www.zerohedge.com, by Tyler Durden

GME is now up over 300% on the day...

As it appears a 'gamma squeeze' was manufactured once again as deep OTM Calls (expiring Friday) were heavily bid today...

The huge volume options trades hit around

Which corresponded perfectly with the start of the explosion higher in the stock...

It wasn't just GME either, AMC is up 40%...

Lifting the entire basket of WSB faves...

How long before Robinhood is taken offline?

And then there was this... right before the "melt-up" from GME's newest board member (Chewy founder Ryan Cohen)...

The squeeze is back.

About a month after everyone was transfixed by the Gamestop-led short squeeze insanity, which however fizzled in early February when the stock plunged more than 80% from as high as $500 to $40, moments ago GME exploded higher, surging more than 70% in the last half hour of trading on no news, and what appears to be yet another attempt to spark a short squeeze...


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