The Investment Thread
AMC having a nice morning. Isn't today some kind of trigger or milestone?
A ton of call option open interest this week. Many think it is either a bunch of long institutions that think something big is happening today, and others believe it is the hedge funds themselves hoarding them all, to help ride the wave up with the longs and offset costs, knowing they have to start covering a good bit today. Either scenario is good, and creates the potential of a MASSIVE gamma squeeze.
Also, today is a quadruple witching day, so that in itself will bring a ton of volatility.
Lastly, Monday, the SEC is expected to approve and ratify a new rule that will automate margin calls on over-leveraged institutions, so many believe the clock may strike midnight on the hedge funds between today and early next week.
No guarantees out there obviously, but there are a lot of potential catalysts to be hopeful about over the next week.