GameStop: The Ultimate Meme Stock

GameStop is up 25% this year, but down more than 6% since Ryan Cohn was elevated to executive chairman on June 7th. One of our traders here calls this the ultimate meme stock and is still playing it from the short side. The busiest options were the weekly 24 strike calls; we also saw some buyers of those calls that expire at the end of next week paying 65 cents for those. Danny Moses first trades: Long Sproti Gold Trust P-H-Y-S Physical Gold Trust.