Surging Interest & Market Quality: Options Trading in the Time of Memes
Traders Magazine By James Chu, Stefanos Bazinas, and Choey Li, NYSE At the end of January, stock market news was everywhere from mainstream outlets to Saturday Night Live, as social media seemed to drive unprecedented trading interest in a few stocks. AMC Entertainment (AMC), BlackBerry (BB), GameStop (GME), and Nokia (NOK) received the most attention and saw their combined options ADV increase from 68K contracts in Q4 2020 to over 426K contracts in Q1 2021 − a 523% increase. Overall multi-list options ADV increased 31.3% in that same time frame. ADV Growth in Retail Focus Symbols Market...
Source: tradersmagazine.com
