Options Market Statistics: GameStop Drops Over 10%, Breaks Key $30 Level; Options Pop
$GameStop(GME)$ stock fell 10%, in Tuesday's trading, with the most traded calls are contracts of $125 strike price that expire on Jan 17 and the total volume reaching 28,533 with the open interest of 146,549.
GameStop shares was falling below $30 - a level the stock had regained in mid-December for the first time since Roaring Kitty announced a June 6 livestream. During that event, Keith Gill detailed his significant investment in the company and presented his bullish outlook the next day.
There was a noteworthy activity in $Bank of America(BAC)$ , with $50 calls topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 219.0x with 26,940 contracts.
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