The Strongest Meme Stock Returns! Refuse to Cut the Chives, See Through the Market Makers' Script
@OptionsDelta:
TL;DR: The GME ringleader is exploiting the monthly options expiration again to engineer a gamma squeeze. Bullish this week, bearish next week.On Monday premarket, GME spiked 40% higher, and Roaring Kitty, the instigator of GME's 2021 frenzy, resurfaced after 3 years with a meme acknowledging the surge - signaling GME's meme frenzy may be back.GME's 2021 insane rally began with a 57% spike on 1/13. The following week, it opened at $24.18 on Monday 1/25 but had run to $120.75 by that Thursday's close.However, on the ensuing Monday 2/1, GME crashed 30% before the frenzy reignited about a month later.Interestingly, this week's $25 premarket level rhymes with that $24.18 open on 1/25.The Squeeze ScriptExpect this week's script to mirror last time - a combo of expiring options gamma and short c